Subsidiary4 Nov 2026, 07:03 pm

Jindal Poly Films Subsidiary Dissolved

AI Summary

Jindal Poly Films Limited (JPFL) announced that its step-down subsidiary, JPF API Laminates UK Limited, has been dissolved effective November 3, 2026. This subsidiary was wholly owned by JPF Netherlands Investment B.V., which is itself a wholly owned subsidiary of JPFL. Consequently, JPF API Laminates UK Limited is no longer a subsidiary of JPFL. The dissolved entity contributed ₹0.52 Crore (0.01%) to the company's turnover in the last financial year, with a net worth of ₹-25.96 Crore (0%).

Key Highlights

Step-down subsidiary JPF API Laminates UK Limited has been dissolved.
Dissolution is effective from November 3, 2026.
The subsidiary contributed 0.01% to turnover and had negative net worth.
No consideration or sale agreement details were provided.

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JINDALPOLY

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JINDAL POLY FILMS LTD.

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