Jindal Poly Films Limited, a prominent player in the packaging films industry, has received shareholder approval for significant changes to its financial limits and governance structure at its 51st Annual General Meeting (AGM) held on September 30, 2025.

Increased Investment Limits

Shareholders gave their nod to raise the company's limits for loans, investments, guarantees, and securities by INR 3,000.00 crores. This increase brings the total limit from INR 12,000.00 crores to INR 15,000.00 crores, potentially allowing Jindal Poly Films greater financial flexibility in its operations and strategic initiatives.

Amendment to Articles of Association

In a move that strengthens the position of the company's promoters, shareholders also approved an amendment to the Articles of Association. This amendment introduces a new requirement for prior written consent from Promoter Group Entities on specific company matters. This provision will be applicable when the Promoter Group collectively holds 50% or more of the total paid-up equity share capital or voting rights of the company.

The newly inserted article states:

"Notwithstanding anything contained in the Articles of Association of the Company and subject to the provisions of the Companies Act, 2013 and rules made thereunder and all other applicable provisions, if any, from time to time so long as 50% or more in the aggregate of the total paid-up equity share capital/voting rights of the Company is held by all or any of the Promoters Group Entities, the Company agrees that it shall not deal with specific matters without the prior written assent of the Promoters Group Entities."

AGM Details and Voting Results

The 51st AGM was conducted at Hotel Natraj, Civil Lines, Bulandshahr, Uttar Pradesh. While the meeting took place on September 30, 2025, the voting results for these crucial resolutions were announced on October 3, 2025, as disclosed in the company's filing to the stock exchanges.

Implications for Jindal Poly Films

These approvals mark significant developments for Jindal Poly Films:

1. The increased investment limits could potentially enable the company to pursue larger projects, acquisitions, or expansion plans.
2. The amendment requiring promoter consent for specific matters when they hold a majority stake ensures that the promoter group maintains substantial influence over key decisions.

Investors and stakeholders will likely be watching closely to see how these changes impact the company's strategic direction and governance in the coming months.

Jindal Poly Films Limited, with its registered office at 19th K.M. Hapur Bulandshahr Road, P.O. Gulaothi, Distt Bulandshahr (U.P.), continues to be a significant entity in the packaging industry. As these changes take effect, the market will be keen to observe their influence on the company's future growth trajectory and decision-making processes.

In a significant development for the Indian polyester film industry, an anti-dumping investigation has been initiated on Polyethylene Terephthalate (PET) film imports from China, the United States, Bangladesh, and Thailand. This probe puts Jindal Poly Films , a major player in the Indian PET film market, at the center of attention.

Investigation Details

The investigation aims to examine potential dumping practices in the PET film trade from the four mentioned countries. Dumping occurs when foreign manufacturers sell goods at prices lower than their normal value, potentially harming the domestic industry of the importing country.

Impact on Jindal Poly Films

Jindal Poly Films, a leading manufacturer of flexible packaging films in India, is likely to be significantly impacted by the outcome of this investigation. As a key producer of PET films in the country, the company's business could be affected by unfair trade practices, if proven.

Industry Implications

This anti-dumping probe highlights the challenges faced by the domestic PET film industry in India. The investigation could potentially lead to the imposition of anti-dumping duties on imports from these countries if unfair trade practices are confirmed.

What's Next

The investigating authorities will now collect and analyze data from various stakeholders, including domestic producers, importers, and foreign exporters. The outcome of this investigation could have far-reaching implications for the PET film market in India, potentially affecting:

• Pricing strategies
• Market share
• Overall competitiveness of domestic producers

Investors and industry observers will be closely watching the developments of this investigation, as it could significantly impact the future landscape of the PET film industry in India.