Jindal Photo Ltd: Voluntary Delisting Offer Letter Submitted

Saffron Capital Advisors Pvt. Ltd, acting as the Manager to the Delisting Offer, has submitted a Letter of Offer to BSE for the voluntary delisting of Jindal Photo Limited's equity shares. Concatenate Power Advest Private Limited and Concatenate Advest Advisory Private Limited, along with Jindal India Power Limited (PAC), are making this offer to acquire all equity shares held by public shareholders. The offer is in accordance with SEBI (Delisting of Equity Shares) Regulations, 2021. The floor price is set at ₹1,119.50 per share, and the indicative price is ₹1,120 per share. The bid opening date is November 02, 2026, and the bid closing date is November 06, 2026. The Letter of Offer will be available on the company's and the Manager's websites.