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
Regulatory Risk6/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10

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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