Jindal photo Limited has filed its confirmation certificate for equity shares with stock exchanges, ensuring compliance with SEBI depositories regulations for the quarter ended March 31, 2026.

Regulatory Filing Details

The company submitted the confirmation certificate on April 15, 2026, in accordance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. Company Secretary Mukta Sharma signed and filed the certificate with both the National Stock Exchange of India Limited and BSE Limited.

Registrar Confirmation

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, served as the registrar and transfer agent for this compliance requirement. The registrar confirmed on April 6, 2026, that all securities received from depository participants for dematerialisation during the quarter were properly processed.

The registrar's confirmation included several key compliance points:

• Securities received for dematerialisation were confirmed or rejected to depositories within prescribed timelines
• All security certificates were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners
• Securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed

Compliance Framework

This filing represents routine quarterly compliance under SEBI's depositories regulations, which mandate companies to submit confirmation certificates regarding the dematerialisation process. The regulation ensures transparency and proper record-keeping for equity shares held in electronic form.

The submission demonstrates Jindal Photo Limited's adherence to regulatory requirements and maintains its good standing with market regulators and stock exchanges.

Jindal Photo Limited announced its Q3FY26 financial results for the quarter ended December 31, 2025, reporting a net loss of ₹94 lakhs but achieving significant gains through other comprehensive income, resulting in total comprehensive income of ₹78,139 lakhs.

Newspaper Publication Compliance

Following regulatory requirements under SEBI Listing Regulations, the company published its Q3FY26 financial results in newspapers on February 15, 2025. The unaudited standalone and consolidated financial results were published in Jansatta (Hindi) and Financial Express (English) newspapers, with copies submitted to stock exchanges for records.

Board Meeting and Regulatory Compliance

The company's board of directors approved the unaudited standalone and consolidated financial results in their meeting held on February 13, 2026. The meeting commenced at 4:15 PM and concluded at 5:10 PM, with results submitted under Regulation 33 of SEBI Listing Obligations.

Q3FY26 Financial Performance

The quarter demonstrated mixed operational results with improved income but continued losses at the operational level, significantly offset by extraordinary other comprehensive income.

Nine Months Performance

For the nine months ended December 31, 2025, the company demonstrated substantial improvement in operational performance and profitability.

Major Corporate Restructuring

The substantial other comprehensive income gain of ₹78,233 lakhs primarily resulted from a corporate restructuring involving Jindal India Powertech Limited (JIPTL), an associate company. Following a demerger scheme sanctioned by the National Company Law Tribunal on November 10, 2025, Jindal Photo was allotted 9,89,03,972 equity shares of Jindal India Power Limited.

Auditor Review and Key Observations

Statutory auditors Suresh Kumar Mittal & Co. conducted a limited review in accordance with Standard on Review Engagements (SRE) 2410. The auditors highlighted specific attention items related to non-provision of doubtful loans and amounts recoverable from Mandakini Coal Company Limited (MCCL), a joint venture, due to pending petitions and claims.

Business Operations and Capital Structure

Jindal Photo operates primarily in the investment business of shares and securities in group companies. The company maintains its paid-up equity share capital at ₹1,026 lakhs with a face value of ₹10 per share, reflecting its focus on investment activities and fair value management of portfolio holdings.