Jindal Photo: Submission of Recommendations of the Committee of Independent Directors ('IDC')
Jindal Photo (JINDALPHOT) filed a disclosure titled "Submission of Recommendations of the Committee of Independent Directors ('IDC')". The company is valued at about ₹1,062 crore.
What happened
Jindal Photo (JINDALPHOT) filed a disclosure with the exchanges on 24 October 2026 at 07:21 PM titled "Submission of Recommendations of the Committee of Independent Directors ('IDC')".
Company snapshot
Jindal Photo is a small-cap company, with a market value of about ₹1,062 crore.
The stock last traded at ₹1,035, against a 52-week range of ₹936–₹1,616.6 (36.0% below the high).
Before this filing the shares had moved −6.9% over the month and −1.7% over three months. Average daily turnover over the last 20 sessions was about ₹0.14 crore.
Promoters held 74.20% at the end of Q1 FY27.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1 | 52.4 | 51.07 |
| Q2 FY26 | 11 | 47.4 | 46.23 |
| Q3 FY26 | 1 | -117 | -114 |
| Q4 FY26 | 0 | -5.7 | -5.52 |
| Q1 FY27 | 8 | 13.1 | 12.75 |
What history shows
This is not the company's first open offer disclosure: BCEIE has 6 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 3.8% on average the next trading day and was down 0.3% on average after five days (4 filings with price data).
Market-wide, 332 open offer filings with an impact score of 50 or more saw an average next-day move of +2.1%, with 55% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 16 Jul 2026 | Voluntary Delisting | −2.2% | −4.5% |
| 16 Jul 2026 | Updates on Delisting Offer (Offer Price) | −3.8% | −8.9% |
| 29 Jun 2026 | IPA-Voluntary Delisting | +7.8% | +3.9% |
| 29 Jun 2026 | Initial Public Announcement - Delisting Offer | +13.3% | +8.3% |
In the news
Recent coverage elsewhere (links open the original publisher):
- Jindal Photo surges 60% after InvestingPro Fair Value signal By Investing.com
- Jindal Photo receives in-principle approval for voluntary delisting
- Jindal Photo Receives In-Principle Approval for Voluntary Delisting from BSE, NSE
- Jindal Photo JINDALPHOT Voluntary Delisting Approval BSE NSE
- Jindal Photo Announces Voluntary Delisting; Offers ₹1,120 Per Share
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.