JINDAL PHOTO LTD.

Jindal Photo Limited has submitted a Letter of Offer ('LOF') in accordance with SEBI (Delisting of Equity Shares) Regulations, 2021. The LOF, issued by Saffron Capital Advisors Private Limited, is for the voluntary delisting of the company's equity shares from BSE and NSE. Concatenate Power Advest Private Limited and Concatenate Advest Advisory Private Limited, along with Jindal India Power Limited (PAC), are the acquirers. The floor price is set at ₹1,119.50 per share, with an indicative price of ₹1,120 per share. The bidding period is from November 02, 2026, to November 06, 2026. The offer is being made to public shareholders, and the process will be conducted through the stock exchanges.

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.

Jindal Photo Ltd has received in-principle approval for the voluntary delisting of its equity shares from both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). This approval was granted by BSE and NSE on October 21, 2026, in accordance with the SEBI (Delisting of Equity Shares) Regulations, 2021. The company has made this information available on its website.

Jindal Photo Ltd. announced the closure of its trading window for all designated persons, their immediate relatives, and specified connected persons. The closure is effective from Thursday, October 1, 2026, and will remain in effect until 48 hours after the board meeting where the unaudited financial results for the quarter and half-year ending September 30, 2026, are approved. This action is in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015. The company has also designated NSDL to restrict trading by freezing PANs at the security level for its scrip. The date of the board meeting will be announced later.

Jindal Photo Limited's 23rd Annual General Meeting (AGM), scheduled for Monday, September 21, 2026, at 2:00 PM via Video Conferencing/Other Audio Visual Means, was adjourned. The meeting could not proceed as the requisite quorum, as per Section 103 of the Companies Act, 2013, was not present, with only twenty members in attendance. Consequently, the Chairman declared the meeting adjourned. The AGM will now reconvene on Monday, September 28, 2026, at 2:00 PM, at the same time and through the same VC/OAVM facility. The business outlined in the original notice dated August 13, 2026, will be transacted at the adjourned meeting. The company is in the process of informing all shareholders.

Jindal Photo Ltd has submitted its Annual Report for the Financial Year 2025-26, in compliance with SEBI regulations. The report includes the Notice of the 23rd Annual General Meeting (AGM), which is scheduled for Monday, September 21, 2026, at 2:00 PM. The AGM will be conducted via video conferencing. Shareholders are being notified electronically, with web-links provided to those whose email addresses are not registered. The Annual Report and AGM Notice are also available on the company's website and the stock exchange websites (BSE and NSE). The report details financial statements, board and auditor reports, corporate governance, and management discussions.

Jindal Photo Limited has announced its 23rd Annual General Meeting (AGM) will be held on September 21, 2026, at 02:00 PM. The meeting will be conducted through video conferencing or other audio-visual means. The company has dispatched its Annual Report for the financial year 2025-26, including the AGM notice, to shareholders electronically. Shareholders whose email addresses are not registered will receive letters with a web-link to access the notice and report. Key agenda items include the adoption of audited financial statements for FY26, the Board's report, auditors' report, and the re-appointment of a director retiring by rotation. Additionally, the re-appointment of Manoj Kumar Rastogi as Managing Director will be considered as a special business.

Jindal Photo Ltd has announced that its 23rd Annual General Meeting (AGM) will be held on Monday, September 21, 2026, at 02:00 PM. The meeting will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). In line with regulatory circulars, the Notice of the AGM and the Annual Report for the Financial Year ended March 31, 2026, will be sent electronically to members whose email addresses are registered with the company or depositories. This intimation serves as a record for the members.

Jindal Photo Ltd's Board of Directors met on August 13, 2026, to approve the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The board also approved the convening of the 23rd Annual General Meeting (AGM) on September 21, 2026, via Video Conferencing. A cut-off date of September 14, 2026, was fixed for AGM eligibility, with e-voting from September 18 to September 20, 2026. The Board's Report for FY26 and the appointment of a scrutinizer for the AGM were also approved. An independent auditor's limited review report was enclosed.

Jindal Photo Ltd reported consolidated PAT of ₹13.08 Cr for Q1 FY27 (quarter ended June 30, 2026), down 75% year-on-year from ₹52.38 Cr in Q1 FY26, though it reverses a ₹5.66 Cr consolidated loss booked in the preceding quarter (Q4 FY26). Standalone PAT was ₹6.67 Cr (EPS ₹6.50) against a ₹0.96 Cr standalone loss a year ago — the standalone and consolidated trends point in opposite directions, a divergence investors should note: standalone profitability improved YoY on higher fair-value gains booked on the company's investment portfolio (revenue from operations, entirely 'net gain on fair value changes', rose to ₹7.97 Cr from ₹0.54 Cr YoY and ₹0.47 Cr QoQ), while consolidated PAT fell because the year-ago quarter carried an unusually large ₹53.34 Cr equity-method contribution from the company's joint venture/associate, versus just ₹6.41 Cr this quarter. The entire earnings picture here sits outside conventional operating margins: the company states it deals in only one segment — investment business of shares and securities in group companies — so revenue, expenses and 'margin' in the traditional sense are not meaningful, and marginTrend is not reported for that reason. The swing driver is the 'Share of Net Profit/(Loss) of Joint Venture and Associate' line (largely Jindal India Powertech Ltd, JIPTL), which is inherently volatile; the filing does not break out how much of the ₹53.34 Cr year-ago figure was itself one-off, so a clean adjusted-YoY figure cannot be computed from disclosed data — the -75% is the reported, unadjusted number. There is no analyst/street coverage identified for this stock and no management guidance on record, so vs-street and vs-guidance are both unknown; no separate press release or MD&A accompanies this result, only the standard board-meeting-outcome letter, so there is no management commentary to reconcile against the print. The quarter's real corporate news is the ongoing voluntary delisting: the Board approved a delisting proposal on July 16, 2026 from Concatenate Power Advest Pvt Ltd, Concatenate Advest Advisory Pvt Ltd and Jindal India Power Ltd (acting in concert), with shareholder e-voting open till August 18, 2026 and no financial effect yet reflected in these results. MD Manoj Kumar Rastogi was re-appointed for five years on August 4, 2026, and the 23rd AGM is set for September 21, 2026. Auditors also carried forward an emphasis-of-matter on non-provision for doubtful loans and amounts recoverable from joint venture Mandakini Coal Company Ltd (MCCL), where compensation litigation (₹155-223 Cr range, per the Nominated Authority's claim/counter-proposal) remains pending before the Delhi High Court and Coal Bearing Tribunal.