NewsCorporate ActionsUniversus Photo Imagings Board Approves JPF Netherlands Rights Issue ParticipationUniversus Photo Imagings Board Approves JPF Netherlands Rights Issue Participation
Universus Photo Imagings Limited announced Board approval for participating in associate company JPF Netherlands B.V.'s rights issue at €3.00 per share, maintaining 39.87% shareholding. The transaction, approved on December 26, 2025, will be completed in 1-2 months on cash basis, supporting the BOPP and flexible packaging films manufacturer that reported €492.65 million turnover in FY 2024-25.
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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:
| Parameter: | Details |
|---|---|
| Acquisition Method: | Subscription to equity shares through rights issue |
| Price per Share: | €3.00 |
| Payment Terms: | Cash basis |
| Current Shareholding: | 39.87% stake in JPF Netherlands |
| Post-Transaction Shareholding: | Expected to remain at 39.87% |
| Estimated Completion Time: | 1-2 months |
| Transaction Basis: | Arm's length |
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:
| Financial Metric: | Amount |
|---|---|
| Turnover (FY 2024-25): | €492.65 million |
| Industry Sector: | Manufacturing of BOPP and flexible packaging films |
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.
Historical Stock Returns for Universus Photo Imagings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.46% | -0.12% | -15.66% | -30.90% | +2.58% | +36.41% |
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