Subsidiary22 Jul 2026, 08:20 pm

Jindal Poly Films Subsidiary Striking Off

AI Summary

Jindal Poly Films Limited (JPFL) announced that its wholly-owned subsidiary, JPF Netherlands Investment B.V., has submitted an application to strike off JPF API Laminates UK Limited. JPF API Laminates UK Limited is a step-down subsidiary of JPFL. The striking-off process is expected to be completed soon, after which JPF API Laminates UK Limited will cease to be a subsidiary. The company stated that JPF API Laminates UK Limited is not a material subsidiary. The step-down subsidiary contributed Rs. 0.52 Crore (0.01%) to turnover and had a net worth of Rs. -25.96 Crore (0%) in the last financial year.

Key Highlights

Jindal Poly Films' step-down subsidiary, JPF API Laminates UK, is being struck off.
The subsidiary is not considered material to Jindal Poly Films.
The subsidiary contributed negligible turnover and had negative net worth.
The striking-off process is initiated by JPF Netherlands Investment B.V.

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JINDALPOLY

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JINDAL POLY FILMS LTD.

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