Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Jindal Photo has informed that Company, being a listed entity and a shareholder in Jindal India Powertech (‘Demerged Company’), has received an intimation on January 14, 2026, from Jindal India Power (‘Resulting Company’) regarding the implementation of the Scheme of Arrangement approved under Sections 230-232 of the Companies Act, 2013. The Scheme provides for the demerger of Jindal India Powertech and transfer of the specified business to Jindal India Power. Based on shareholding of demerged Company and in the terms of the Scheme, the Resulting Company has issued and allotted 9,89,03,972 equity shares of face value Rs 10 each. These shares rank in all respects with the existing equity shares, including dividend and voting rights. There is no change in our shareholding in the demerged company. The above actions are pursuant to the Scheme sanctioned by the Hon’ble NCLT and made effective on December 11, 2025.

The above information is a part of company’s filings submitted to BSE.