Jindal Poly Films Limited Withdraws Application for Proposed Scheme of Arrangement
Jindal Poly Films Limited announced that its Board of Directors approved the withdrawal of an application filed with BSE Limited and National Stock Exchange of India Limited concerning a proposed Scheme of Arrangement. The withdrawal pertains to the demerger of the Non-Woven Fabrics business division of the Demerged Company into Global Nonwovens Limited, the Resulting Company.The decision to withdraw the application, which was sought under Regulation 37 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, was taken by the Company's Board of Directors during a meeting held on April 10, 2026.The withdrawal of the Application...