BSECompany Update1d ago · 22 Jul 2026, 08:17 pm
General
Jindal Poly Films Ltd · 500227
✦ AI SummaryDivestiture
Jindal Poly Films Ltd has informed the stock exchanges that its step-down subsidiary, JPF API Laminates UK Limited, has applied for striking off, which will cease its subsidiary status. The necessary disclosures are provided as per SEBI regulations.
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Earnings Impact5/10
Growth Catalyst3/10
Governance Concern2/10
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Balance Sheet Risk4/10
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Jindal Poly Films Ltd - 500227 - General
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Corp office: Plot no. 12, Local
Shopping Complex, Sector B-1,
Vasant Kunj,
New Delhi - 110070 (India)
Phone: +91-011-40322100
Web: www.jindalgroup.com
JPFL/DE-PT/SE/2026-27 July 22, 2026
To, To,
The Manager (Listing) The Manager (Listing)
National Stock Exchange of India Limited BSE Limited Phiroze Jeejeebhoy Towers,
Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai-400 001
Bandra(E) Mumbai-400 051 Scrip Code: BSE: 500227
Symbol: NSE: JINDALPOLY
Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 – Application for Striking-off of_ JPF API Laminates UK
Limited, a step-down subsidiary of the Company
Dear Sir/Madam,
Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), we
hereby inform you that JPF Netherlands Investment B.V., is a Wholly Owned Subsidiary of Jindal
Poly Films Limited ("the Company"/"JPFL") and JPF API Laminates UK Limited, is a Wholly Owned
Subsidiary of JPF Netherlands Investment B.V. i.e. a step-down subsidiary of the Company. Further
the JPF Netherlands Investment B.V., has today on July 22, 2026, at 02:35 p.m., intimated the
Company that an application has been submitted for the striking off of JPF API Laminates UK
Limited, a Wholly Owned Subsidiary of JPF Netherlands Investment B.V.
Upon completion of the striking-off process, JPF API Laminates UK Limited shall cease to be a
subsidiary of JPF Netherlands Investment B.V. and, consequently, shall cease to be a step-down
subsidiary of Jindal Poly Films Limited. JPF API Laminates UK Limited is not a material subsidiary
of Jindal Poly Films Limited.
The necessary disclosures required pursuant to Regulation 30 read with Para A of Part A of
Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read
with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30,
2026, enclosed herewith as Annexure-A.
This is for your information and records.
Thanking you,
Yours Sincerely,
For Jindal Poly Films Limited
Sanjeev Saxena
DIN: 07899506
Director
Encl: a/a
Regd. Office: 19th K. M. Hapur Bulandshahr Road, P O Gulaothi, Distt Bulandshahr (U. P.) 245408.
CIN: L17111UP1974PLC003979
Corp office: Plot no. 12, Local
Shopping Complex, Sector B-1,
Vasant Kunj,
New Delhi - 110070 (India)
Phone: +91-011-40322100
Web: www.jindalgroup.com
Annexure-A
The necessary details under SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated January 30, 2026 are as under:
S. No. Particulars Details
a) the amount and percentage of the turnover or Amount and percentage of the
revenue or income and net worth contributed turnover or revenue or income
by such unit or division or undertaking or contributed by the step down
subsidiary or associate company of the listed subsidiary during last financial year:
entity during the last financial year; Rs. 0.52 Crore (0.01%)
Net worth of the step down subsidiary
during last financial year: Rs. -25.96
Crore (0%)
b) date on which the agreement for sale has been Not Applicable
entered into;
c) the expected date of completion of Not Applicable
sale/disposal;
d) consideration received from such Not Applicable
sale/disposal;
e) brief details of buyers and whether any of the Not Applicable
buyers belong to the promoter/ promoter
group/group companies. If yes, details thereof;
f) whether the transaction would fall within Not Applicable
related party transactions? If yes, whether the
same is done at “arm’s length
g) whether the sale, lease or disposal of the Not Applicable
undertaking is outside Scheme of
Arrangement? If yes, details of the same
including compliance with regulation 37A of
LODR Regulations
h) additionally, in case of a slump sale, indicative Not Applicable
disclosures provided for
amalgamation/merger, shall be disclosed by
the listed entity with respect to such slump
sale
Regd. Office: 19th K. M. Hapur Bulandshahr Road, P O Gulaothi, Distt Bulandshahr (U. P.) 245408.
CIN: L17111UP1974PLC003979