Jindal Photo Ltd Announces Voluntary Delisting with Rs. 1,120 Indicative Offer Price
Concatenate Power Advest Private Limited and Concatenate Advest Advisory Private Limited, as part of the promoter group of Jindal Photo Ltd, along with Jindal India Power Limited (Person Acting in Concert), have announced an intention to voluntarily delist the equity shares of Jindal Photo Ltd. The proposal involves the acquisition of all equity shares currently held by public shareholders.To establish the floor price for the delisting proposal, the acquirers appointed ICON Valuation LLP as the Registered Valuer. A valuation report dated July 16, 2026, was prepared to determine the base value for the equity shares.
| Pricing Metric | Value per Equity Share |
|---|---|
| Floor Price | Rs. 1,119.50 |
| Indicative Offer Price | Rs. 1,120 |
Based on the findings provided in the valuation report, the acquirers and Jindal India Power Limited have determined that Rs. 1,120 shall serve as the Indicative Offer Price for the purpose of the delisting proposal.
JINDALPHOT Stock Price Movement
Shares of Jindal Photo Limited are climbing to ₹1169.6 as of 2:48 PM today, gaining 1.18% in live trading. The stock finds support from an intraday low of ₹1156.1 on a total volume of 14,230 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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