Jindal Poly Films500227Subsidiary or JV
Step-down subsidiary JPF API Laminates UK Limited dissolved with effect from November 3, 2026
JPF API Laminates UK Limited, a step-down subsidiary of Jindal Poly Films, has been dissolved with effect from November 3, 2026.
By ScoutQuest · · 1 min read
0.01%Turnover contribution as percentage of company turnover
- Turnover Contribution (Last FY)
- Rs. 0.52 Crore (0.01%)
- Net Worth (Last FY)
- Rs. -25.96 Crore (0%)
- Dissolution Effective Date
- November 3, 2026
What happened
- JPF API Laminates UK Limited was a wholly owned subsidiary of JPF Netherlands Investment B.V., which is itself a wholly owned subsidiary of Jindal Poly Films. That made the UK entity a step-down subsidiary of the listed company.
- JPF Netherlands Investment B.V. informed the company on November 04, 2026 at 03:26 P.M. that JPF API Laminates UK Limited has been dissolved with effect from November 03, 2026.
- Consequently, the UK entity has ceased to be a subsidiary of JPF Netherlands Investment B.V. and a step-down subsidiary of Jindal Poly Films with effect from November 3, 2026.
Size of the entity
- Turnover or revenue contributed in the last financial year: Rs. 0.52 Crore, equal to 0.01% of the listed company's turnover.
- Net worth in the last financial year: Rs. -25.96 Crore, shown as 0% of the listed company's net worth.
How to read the numbers
- The 0.01% turnover share tells you the UK entity was very small compared with the listed company's overall revenue.
- A negative net worth figure means the entity's liabilities were higher than its assets in that year.
- Since this is a dissolution and not a sale, the update marks the agreement date, expected completion date, consideration received, buyer details, related party status and scheme-related points as not applicable.
What changes for the group
- The group structure now has one less step-down subsidiary.
- The disclosure is an update on the company's subsidiary structure rather than an earnings, order or fund-raising event.
Also from Jindal Poly Films
Board appoints Devendra Singh Rawat as Non-Executive Independent Director for five years
4 Nov 2026
Litigation update: Delhi HC disposes investor's Section 9 Petition; Singapore HC grants interim anti-suit injunction
4 Nov 2026
NCLT petition shared against Brookfield-affiliated investor over material subsidiary IPFL Films
2 Nov 2026
More numbers
- Turnover contributed by step-down subsidiary in last financial yearRs. 0.52 Crore
- Turnover contribution as percentage of company turnover0.01%
- Net worth of step-down subsidiary in last financial yearRs. -25.96 Crore
- Net worth contribution as percentage of company net worth0%
Source: BSE · 4 Nov 2026
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