Jindal Poly Films receives show-cause notice from SEBI

“SEBI has issued a Show Cause Notice vide letter bearing reference no. SEBI/HO/OWTM/OWTM-SP/I/10156/2026 dated April 27, 2026 through e-mail,” said Jindal Poly.

ETLegalWorld

Published On Apr 28, 2026 at 06:39 PM IST

Jindal Poly films has received a show-cause notice from the Securities and Exchange Board of India (SEBI) on April 27, 2026 through an email. Jindal Poly disclosed this information through an exchange filing on April 28, 2026.

“SEBI has issued a Show Cause Notice vide letter bearing reference no. SEBI/HO/OWTM/OWTM-SP/I/10156/2026 dated April 27, 2026 through e-mail,” said Jindal Poly.

SEBI has issued a show-cause notice under sections 11(1), 11(4), 11(4A), 11B(1) and 11B(2) read with Sections 15HA and 15HB of the SEBI Act, 1992, in relation to certain transactions and matters pertaining to disclosures and corporate governance.

Advt The capital market regulator has given an opportunity to the company to file the reply to aforesaid notice.

Jindal Poly further stated that all business decisions were taken under commercial wisdom with necessary approvals as required under applicable laws.

“The company remains committed to complying with the required legal and regulatory framework and adhering to the highest standards of corporate governance,” said Jindal Poly.

Jindal poly further noted that it is in the process of taking an appropriate course of action in this regard including filing of its reply.

“At this stage, the financial implications, if any, cannot be ascertained, as the communication is in the nature of a Show Cause Notice,” noted Jindal Poly.