Jindal Poly Investment and Finance Company Limited has informed stock exchanges about the completion of a major share restructuring exercise following the implementation of a demerger scheme. The company notified BSE and NSE on January 15, 2026, regarding the cancellation and allotment of shares pursuant to a scheme of arrangement involving two Jindal group companies.

Demerger Scheme Implementation

The scheme of arrangement was approved under Sections 230-232 of the Companies Act, 2013, and involved the demerger of Jindal India Powertech Limited (the demerged company) with the transfer of specified business operations to Jindal India Power Limited (the resulting company). The scheme was sanctioned by the Hon'ble NCLT and became effective on December 11, 2025.

Jindal Poly Investment and Finance Company, being a listed entity and shareholder in Jindal India Powertech Limited, received intimation about the scheme implementation on January 14, 2026.

Share Cancellation Details

As part of the demerger process, a portion of the company's investments in 0% Redeemable Preference Shares of Jindal India Powertech Limited were cancelled. The cancellation involved two series of preference shares:

New Share Allotments

In accordance with the demerger scheme, Jindal India Power Limited issued replacement preference shares to maintain continuity. An equal number of Series-I and Series-II 0% Redeemable Preference Shares were allotted for the remaining tenure on the same terms and conditions as originally issued by the demerged company.

Additionally, based on the shareholding pattern of the demerged company and scheme terms, the resulting company issued and allotted substantial equity shares:

These newly allotted equity shares rank pari passu in all respects with existing equity shares, including dividend and voting rights.

Regulatory Compliance

The company fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, by informing both stock exchanges about these material developments. The notification was signed by Company Secretary Bhuwan Singh Taragi and submitted to BSE (Stock Code: 536773) and NSE (Stock Code: JPOLYINVST).

The demerger scheme represents a significant corporate restructuring within the Jindal group, involving the transfer of business operations and corresponding adjustments in shareholding patterns across group companies.

Jindal Poly Inv. & Fin. has announced its financial results for the second quarter of fiscal year 2026, showcasing a remarkable improvement in its performance.

Standalone Performance Highlights

The company reported a significant increase in its standalone net profit for Q2 FY26, which rose to Rs 1,484.00 lakhs, up from Rs 673.00 lakhs in the corresponding quarter of the previous fiscal year. This represents a substantial year-on-year growth of 120%.

The impressive profit surge was primarily driven by two key factors:

1. Gains on fair value changes amounting to Rs 818.00 lakhs
2. Dividend income of Rs 1,079.00 lakhs

Consolidated Performance

On a consolidated basis, Jindal Poly Investment's performance was even more striking. The company posted a net profit of Rs 5,754.00 lakhs for the quarter. This substantial increase was largely attributed to a Rs 4,270.00 lakhs share of profit from its associate, Jindal India Powertech Limited.

Financial Position

As of September 30, 2025, the company's financial position remains robust:

Revenue Breakdown

The company's revenue for Q2 FY26 was composed of:

Operational Highlights

• The company's primary engagement remains in Investment Activity.
• It operates under a single business segment, as per IND AS 108.
• The Board of Directors approved these financial results on November 13, 2025, following a review by the Audit Committee.

Future Outlook

While the company has shown strong performance in Q2 FY26, it's important to note that the financial services sector can be subject to market volatilities. Investors are advised to consider broader market conditions and company fundamentals when making investment decisions.

The management of Jindal Poly Investment and Finance Company Limited continues to focus on strategic investments and value creation for its shareholders. The company's ability to generate substantial gains from fair value changes and dividend income demonstrates its robust investment strategy in the current fiscal year.