Key Event Details
JPF API Laminates UK Limited, a wholly owned subsidiary of JPF Netherlands Investment B.V. (which is itself a wholly owned subsidiary of Jindal Poly Films Limited), has been dissolved with effect from November 3, 2026. The dissolution was intimated to Jindal Poly Films Limited on November 4, 2026 at 3:26 PM. Consequently, JPF API Laminates UK Limited has ceased to be a subsidiary of JPF Netherlands Investment B.V. and a step-down subsidiary of Jindal Poly Films Limited effective November 3, 2026.
Financial Impact Assessment
According to the mandatory disclosures under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026:
- Turnover/revenue/income contributed by the step-down subsidiary during last financial year: ₹0.52 crore (0.01%)
- Net worth of the step-down subsidiary during last financial year: ₹-25.96 crore (0%)
Additional Information
The dissolution does not involve any sale agreement, completion date, consideration received, buyer details, related party transactions, or scheme of arrangement aspects as confirmed by the "Not Applicable" responses in the regulatory annexure.