Jindal Photo Ltd Initiates Voluntary Delisting Process

Jindal Photo Limited has received an Initial Public Announcement (IPA) from Saffron Capital Advisors Private Limited, acting on behalf of Concatenate Power Advest Private Limited, Concatenate Advest Advisory Private Limited (Acquirers), and Jindal India Power Limited (PAC). The announcement, dated June 29, 2026, signifies their intention to acquire all equity shares held by public shareholders and consequently delist the company's shares voluntarily from BSE Limited and the National Stock Exchange of India Limited. This move is in accordance with SEBI Delisting Regulations, 2021. The offer aims to acquire 26,46,183 equity shares, representing 25.80% of the paid-up equity share capital.