Jindal poly films has received a disclosure from Monet Securities Private Limited regarding the acquisition of 14,09,536 equity shares through open market transactions. The disclosure, made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, was dated April 08, 2026.

Acquisition Details

The acquisition involves Monet Securities Private Limited acting alongside its Persons Acting in Concert (PAC), which includes M Prasad & Co. Ltd. and Mace Venture. The group does not belong to the promoter or promoter group of Jindal Poly Films Limited.

Shareholding Changes

The acquisition has resulted in a significant increase in the combined shareholding of the acquirer group in Jindal Poly Films Limited.

Company Structure

Jindal Poly Films Limited maintains its equity share capital structure unchanged following this acquisition. The company's shares are listed on both major Indian stock exchanges.

Regulatory Compliance

The disclosure was submitted to the compliance officer of Jindal Poly Films Limited and copied to both the Bombay Stock Exchange Limited and the National Stock Exchange of India Limited. Monet Securities Private Limited, registered in Kolkata with CIN U01111WB1994PTC064149, completed all required regulatory formalities for this substantial acquisition.

The acquisition represents a strategic increase in shareholding by the acquirer group, moving their combined stake above the 10% threshold in Jindal Poly Films Limited. All shares acquired carry voting rights, with no encumbrances, warrants, or convertible securities involved in this transaction.

Indian corporate landscape witnessed significant regulatory and strategic announcements, spanning office relocations, share transfer facilitation, acquisition recommendations, and public offering preparations.

Corporate Office Relocation

Jindal Poly Films Limited announced the relocation of its corporate office from Gurugram to New Delhi, effective April 1, 2026. The Board of Directors approved this strategic move through a circular resolution passed on March 31, 2026.

The company has informed stock exchanges under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with Company Secretary Rashmi Gupta signing the disclosure notice.

Special Window for Physical Share Transfers

Jindal Poly Films Limited has also opened a special window for transfer and dematerialization of physical securities, running from February 5, 2026 to February 4, 2027. This initiative follows SEBI Circular No. SEBI/HO/38/13/11(2)2026 MIRSD-PoD/I/3750/2026 dated January 30, 2026.

The company published newspaper notices in "Financial Express" and "Jansatta" on March 25, 2026, informing shareholders about this opportunity. All re-lodged shares will be issued exclusively in dematerialized form.

Similarly, AMCO India Limited announced its special window for physical share transfers following the same SEBI circular. The company published newspaper advertisements in "Financial Express" and "Jansatta" on March 24, 2026.

Open Offer Recommendation by Independent Directors

ADC India Communications Limited's Committee of Independent Directors has unanimously recommended Amphenol Corporation's open offer to shareholders. The committee deliberated on February 24, 2026, February 26, 2026, and March 23, 2026.

The independent directors committee comprises Mr. Nagendra Venkateswamy as Chairperson, Ms. Vijaya Latha Reddy, and Mr. Harish Hassan Visweswara as members. Grant Thornton Bharat LLP confirmed in their March 20, 2026 report that the offer price aligns with Regulation 8(3) of the Takeover Code.

IPO Filing by Technology Company

Dove Soft Limited filed its Draft Red Herring Prospectus dated March 24, 2026, with BSE SME platform for a proposed initial public offering.

The offer for sale component includes up to 6,36,000 shares each from promoters Rahul Bhanushali and Sky Ocean Infrastructure Limited. Swastika Investment Limited serves as the Book Running Lead Manager.

These developments reflect ongoing corporate governance activities and strategic initiatives across various sectors of the Indian market, demonstrating companies' efforts to comply with regulatory requirements while pursuing operational efficiency.