Jindal Photo gets High Court approval for scheme of arrangement

On 26 February 2016

Jindal Photo announced that Hon'ble Bombay High Court in its hearing held on 26 February 2016 has sanctioned the Scheme of arrangement among Jindal Photo and Jindal Poly Films 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 12 October 2015.

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