Jindal Photo receives in-principle approval for voluntary delisting

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Jindal Photo Limited received in-principle approval for voluntary delisting from BSE and NSE
  • Approvals were dated October 21, 2026, under SEBI Delisting Regulations, 2021
  • BSE approval reference: LOD/Delisting/SS/IP/970/2026-27; NSE: NSE/LIST/C/2026/1179
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Jindal Photo Limited received in-principle approval for voluntary delisting of its equity shares from the Bombay Stock Exchange and National Stock Exchange on October 21, 2026. This decision follows compliance with SEBI (Delisting of Equity Shares) Regulations, 2021.

Regulatory Compliance and Approvals

The company confirmed the receipt of approvals via letters from both exchanges. The BSE issued its approval under letter number LOD/Delisting/SS/IP/970/2026-27. Simultaneously, the NSE granted approval under letter number NSE/LIST/C/2026/1179. Both documents were dated October 21, 2026.

This action was taken pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also disclosed this intimation on its official website under the Investors section.

Delisting Details

Item Detail
Company Jindal Photo Limited
Approval Date October 21, 2026
Regulatory Basis SEBI Delisting Regulations, 2021
Exchange Approval Status In-principle

The voluntary delisting process allows companies to remove their shares from public trading while continuing to exist as a private entity. This move is subject to further procedural requirements as mandated by the securities regulator.

Historical Stock Returns for Jindal Photo

1 Day5 Days1 Month6 Months1 Year5 Years
-2.33%+0.04%-9.22%-12.20%-25.94%+549.79%

What specific exit price will Jindal Photo Limited offer to minority shareholders during the reverse book-building process?

How will the delisting impact the liquidity and valuation multiples of other companies within the Jindal Group's media portfolio?

What are the projected cost savings for the company from eliminating public listing compliance requirements?

Jindal Photo appoints Manish Kumar as Company Secretary and Compliance Officer

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • Manish Kumar appointed as Company Secretary and Compliance Officer effective October 19, 2026
  • Kumar brings over 19 years of experience in corporate governance and regulatory compliance
  • He is a Fellow Member of ICSI with expertise in mergers, acquisitions, and risk management
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Jindal Photo Limited has appointed Manish Kumar as its Company Secretary and Compliance Officer with effect from October 19, 2026. This appointment marks a key change in the company's Key Managerial Personnel, ensuring continued adherence to regulatory standards.

Appointment details

The appointment was communicated to stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Manoj Kumar Rastogi, Managing Director of Jindal Photo, signed the intimation. The disclosure confirms that Kumar holds Membership No. F7990 with the Institute of Company Secretaries of India (ICSI).

Professional profile

Manish Kumar is a Fellow Member of ICSI (FCS) and holds an LL.B. and B.Sc. degree. He possesses over 19 years of post-qualification experience in legal, corporate governance, regulatory compliance, and corporate secretarial functions. His career spans listed, unlisted, and multinational organizations across diverse sectors including Automotive, FMCG, Pharmaceutical, and Financial Services.

His expertise includes:

  • Board advisory
  • Risk management
  • Strategic planning
  • Mergers and acquisitions
  • Stakeholder management
  • Regulatory compliance

Regulatory compliance

The company stated that requisite disclosures prescribed under the Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, were enclosed with the filing. The intimation is also available on the company's website under the Investors section.

Historical Stock Returns for Jindal Photo

1 Day5 Days1 Month6 Months1 Year5 Years
-2.33%+0.04%-9.22%-12.20%-25.94%+549.79%

How might Manish Kumar's 19 years of experience in M&A and strategic planning influence Jindal Photo's future corporate restructuring or expansion strategies?

What specific regulatory challenges in the Indian photography and imaging sector is the new Compliance Officer expected to address in the coming fiscal year?

Will the appointment of a specialist with cross-sector experience in Automotive and FMCG signal a potential diversification of Jindal Photo's business portfolio?

More News on Jindal Photo

1 Year Returns:-25.94%