Jindal Photo Ltd Board Approves Tenure Extension for Redeemable Preference Shares
Jindal Photo Ltd's Board of Directors approved the extension of tenure for two series of its redeemable preference shares during a meeting held on Friday, June 05, 2026. The decision was made subsequent to the Board meeting, which commenced at 03:30 PM and concluded at 04:15 PM.The approval concerning the extension of tenure is subject to the consent received from the holders of Redeemable Preference Shares.
Details regarding the shares covered under the approved extension are provided below:
| S. No. | Particulars | No. of Shares | Original Maturity Date | Extended Maturity Date |
|---|---|---|---|---|
| 1 | Redeemable Preference Shares (Series 1) | 1,50,00,000 | June 10, 2026 | June 10, 2031 |
| 2 | Redeemable Preference Shares (Series 11l) | 40,00,000 | September 22, 2026 | September 22, 2031 |
The company noted that the consent of the holders of the Redeemable Preference Shares has not yet been obtained. The outcome will be disclosed to exchanges once consents are received.
Jindal Photo Ltd stated that all other terms and conditions pertaining to the Redeemable Preference Shares shall remain unchanged.
JINDALPHOT Stock Price Movement
Jindal Photo Limited shares finished today by rallying to close at ₹1081.5, after gaining 9.48% on the day. The stock saw significant trading activity, with an intraday range stretching from a low of ₹999 to a high of ₹1148.5 amid a volume of 89,382 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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