Universus Photo Imagings Limited has received another significant disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011, this time reporting the complete exit of investor Ankit Jain. The disclosure, dated 16 March 2026, details the disposal of Ankit Jain's entire shareholding through open market transactions.

Complete Stake Disposal

Ankit Jain disposed of his complete holding of 1123984 equity shares, representing 10.27% of the company's voting capital, through open market sale on 12 March 2026. This transaction marks his complete exit from the company.

Investor Profile and Transaction Mode

Ankit Jain, based at B/19, Sterling Apartment, 38 Peddar Road, Mumbai-400026, does not belong to the promoter or promoter group category. The entire disposal was executed through open market sale on stock exchanges on 12 March 2026.

Company Share Capital Structure

Universus Photo Imagings Limited's equity share capital remains unchanged at Rs. 109466040, divided into 10946604 equity shares of Rs. 10 each. The company's shares continue to be listed on both BSE Limited (Scrip Code: 542933) and NSE Limited (Symbol: UNIVPHOTO).

Regulatory Compliance

The disclosure has been filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011. The filing confirms that no warrants, convertible securities, or other instruments were involved in the transaction. The disclosure has been submitted to both BSE Limited and NSE Limited, with a copy provided to the company's compliance officer as per regulatory requirements.

Universus Photo Imagings Limited (UPIL) has announced its Board of Directors' approval to participate in a rights issue for JPF Netherlands B.V., an associate company specializing in the manufacturing of BOPP and other flexible packaging films. The Board meeting was held on December 26, 2025, commencing at 2:30 PM and concluding at 7:15 PM.

Key Transaction Details

The company has provided comprehensive details of the proposed acquisition under regulatory requirements:

About JPF Netherlands B.V.

JPF Netherlands B.V., an associate company of Universus Photo Imagings, operates in the manufacturing sector focusing on BOPP (Biaxially Oriented Polypropylene) and other flexible packaging films. The company has reported strong financial performance:

Regulatory Compliance

The transaction has been structured in compliance with applicable regulations. According to the company's disclosure, no governmental or regulatory approvals are required for this acquisition. The rights issue subscription falls within the purview of the Companies Act, 2013, and SEBI (LODR) Regulations, 2015.

Strategic Implications

This participation in the rights issue demonstrates UPIL's continued commitment to supporting its associate company's operations and growth in the packaging films sector. While the percentage shareholding will remain unchanged at 39.87%, the cash infusion through the rights issue is expected to strengthen JPF Netherlands' operational capabilities.

The decision comes at a strategic time for the packaging industry, with both companies positioned to leverage market opportunities in the flexible packaging segment. The transaction is being conducted on an arm's length basis, ensuring transparency and compliance with related party transaction norms.