Key Developments

The Hon'ble Supreme Court of India issued an order dated June 08, 2026 that:

  • Set aside the order dated February 05, 2026 of the Hon'ble National Company Law Tribunal (NCLT)
  • Set aside the Impugned Order dated February 26, 2026 of the Hon'ble National Company Law Appellate Tribunal
  • Both orders pertained to maintainability before NCLT
  • Referred the disputes to a sole arbitrator appointed by the Hon'ble Supreme Court of India

Parties Involved

  • Listed Company: Jindal Poly Films Limited
  • Opposing Party: Monet Securities Pvt. Ltd. and others

Communication Details

  • Type of Communication: Order from Hon'ble Supreme Court of India
  • Date of Receipt: June 08, 2026
  • Authority: Hon'ble Supreme Court of India

Financial Implications

As explicitly stated in the disclosure: "As on date, the matter is under sub-judice. Therefore, no financial implications, if any, cannot be ascertained at this stage."

Current Status and Action

  • The matter remains sub-judice (under judicial consideration)
  • The Company will take appropriate steps accordingly
  • No settlement terms, compensation, or penalties have been determined
  • No aberrations or non-compliances identified by the authority

Additional Information

  • No other relevant information provided
  • Disclosure certified by Rashmi Gupta, Company Secretary (FCS 8616)