Jindal Poly Films Limited has filed its quarterly compliance certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026, with both the National Stock Exchange of India Limited and BSE Limited. The submission was made on April 14, 2026, by Company Secretary Rashmi Gupta.

Regulatory Compliance Certificate

The compliance certificate was issued by KFin Technologies Limited, the company's Registrar and Share Transfer Agent, dated April 3, 2026. The certificate covers the period from January 1, 2026 to March 31, 2026, confirming adherence to dematerialization requirements under SEBI regulations.

Compliance Confirmations

KFin Technologies Limited confirmed that during the specified quarter, all dematerialization processes were completed within the regulatory timeframe of 15 days from receipt of certificates from depository participants. The key compliance areas covered include:

• Confirmation of demat requests (approved/rejected) within stipulated timeframes
• Verification that securities in the certificates were listed on appropriate stock exchanges
• Proper mutilation and cancellation of physical security certificates after verification
• Substitution of depository names in the register of members for approved demat requests

Corporate Information

The filing was submitted to both exchanges with the company trading under symbol JINDALPOLY on NSE and scrip code 500227 on BSE. The compliance certificate represents part of the company's ongoing regulatory obligations to maintain transparency in share transfer and dematerialization processes.

RTA Operations

KFin Technologies Limited, operating from its Hyderabad facility at Selenium Tower B in the Financial District, continues to serve as the company's Registrar and Share Transfer Agent. The certificate was signed by D Suresh Babu, Sr. Manager at KFin Technologies, confirming the company's adherence to all applicable SEBI regulations during the quarter.

Jindal Poly Films Limited has published newspaper advertisements regarding its postal ballot notice and remote e-voting information, following the company's earlier announcement of seeking shareholder approval for significant corporate transactions. The advertisements were published in Financial Express and Jansatta newspapers on April 11, 2026, as part of regulatory compliance under SEBI Listing Regulations.

Postal Ballot Publication Details

The company has fulfilled its regulatory obligation by publishing the postal ballot notice in newspapers as required under Regulation 30 and 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The publication serves to inform shareholders about the ongoing postal ballot process for critical corporate resolutions.

Key Resolutions Under Consideration

The postal ballot encompasses two significant ordinary resolutions requiring shareholder approval:

Material Related Party Transaction Framework

The company continues to seek approval for material related party transactions with JPFL Films Private Limited, its subsidiary, for an amount up to Rs. 2000 crores. This substantial limit exceeds the existing Related Party Transaction limits of Rs. 1920 crores previously approved by the Audit Committee and Board.

The proposed transactions encompass multiple financial instruments and support mechanisms, including financial assistance through loans, investments, corporate guarantees, and assignment of existing loans. The company has attributed this significant financial requirement to the fire incident at JPFL's Nasik plant and ongoing business revival needs.

Brookfield Investment Structure

The second resolution addresses the put option arrangement with Project Holdings Fourteen (DIFC) Limited, a Brookfield entity that has invested INR 20,000,000,000 in JPFL Films Private Limited. This investment represents a strategic combination of primary and secondary funding to acquire a non-controlling minority stake in the subsidiary.

E-Voting Timeline and Process

The comprehensive e-voting schedule remains active for shareholder participation:

Subsidiary Financial Context

JPFL Films Private Limited, the primary beneficiary of the proposed transactions, reported challenging financial metrics with a turnover of Rs. 3875.26 crores for FY 2024-25, while recording a loss after tax of Rs. 305.55 crores and negative net worth of Rs. 1570.07 crores. The subsidiary continues to face operational challenges following the fire incident at its Nasik manufacturing facility.

Regulatory Compliance Framework

The postal ballot process maintains strict adherence to regulatory requirements, including compliance with the Companies Act 2013, SEBI Listing Obligations and Disclosure Requirements Regulations 2015, and relevant MCA circulars. The company has engaged KFin Technologies Limited as the authorized e-voting service provider and appointed qualified practicing company secretaries as scrutinizers to ensure transparent conduct of the voting process.