Jindal Photo has informed that Hon’ble Bombay High Court in its hearing held on February 26, 2016 has sanctioned the Scheme of arrangement among Jindal Photo and Jindal Poly Films Limited and their respective shareholders and creditors. Certified copy of the Order is awaited and will be submitted to you as soon as the same is received by the Company. Further, aforesaid scheme has already been approved by the Allahabad High Court in its hearing held on October 12, 2015.
The above information is a part of company’s filings submitted to BSE.
