FilingReader Intelligence
Jindal Poly Films board approves nonwoven fabrics demerger
August 14, 2025 at 06:39 PM UTC•By FilingReader AI
Jindal Poly Films' board approved demerging its Nonwoven Fabrics Business into Global Nonwovens Limited. The division generated INR 671.23 crore turnover in FY2025, representing 60% of total revenue.
Shareholders will receive 1 Global Nonwovens share for every 4 Jindal Poly Films shares, with no cash consideration. Global Nonwovens will seek BSE and NSE listing.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
BSE:JINDALPOLY•Bombay Stock Exchange
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