Date: July 22, 2026

Disinvestment / Strategic Actions

  • JPF Netherlands Investment B.V. (Wholly Owned Subsidiary of Jindal Poly Films Limited) has submitted an application for striking off JPF API Laminates UK Limited (its Wholly Owned Subsidiary and step-down subsidiary of Jindal Poly Films Limited)
  • The application was submitted on July 22, 2026 at 02:35 p.m.
  • 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 cease to be a step-down subsidiary of Jindal Poly Films Limited
  • JPF API Laminates UK Limited is confirmed as not being a material subsidiary of Jindal Poly Films Limited

Financial Impact Assessment (From Annexure-A)

  • 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%)
  • The transaction does not involve any sale consideration, buyer details, or related party transactions
  • The action does not fall under related party transactions or scheme of arrangement requirements