Jindal Worldwide Ltd. Approves Sale of 51% Equity Share Capital in Goodcore Spintex Private Limited

Jindal Worldwide Ltd. held a Board of Directors meeting on 28th June 2025, where they approved the sale of 51% of the equity share capital in their Wholly-Owned Material Subsidiary Company, Goodcore Spintex Private Limited. This decision was made under Section 180(1)(a) of the Companies Act, 2013 and Regulation 24(5) and 37A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The sale is subject to the approval of the company's shareholders and the details of the transaction will be submitted to SEBI as required. The buyer is Mr. Yamunadutt Amilal Agarwal, who is a promoter of the company. The sale falls under related party transactions and will be executed on an arm's length basis after the approval of the shareholders.