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NCLT admits class action lawsuit against Jindal Poly Films

after close1 source ↓written by the desknot a recommendation

for alleged misconduct
₹2,500 cr
initiated
5 Feb 2026

In a landmark ruling, the NCLT admitted a class action lawsuit from minority shareholders of Jindal Poly Films, seeking damages exceeding ₹2,500 cr for alleged misconduct. This case, initiated on 5 Feb 2026, could set a precedent for shareholder rights and corporate governance in India. The tribunal dismissed the company's objections, allowing the petition to proceed.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 7 Feb 2026, 16:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

JINDALPOLY closed +0.1% on the day of the news, from ₹425.65 to ₹426.20; Nifty +0.7% over the same session.

Bulletin at 16:03 IST on 7 Feb 2026. Every change is measured from ₹425.65, the last close before it, on 6 Feb. Nifty 50 is measured over the same sessions.

  • JINDALPOLY close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
JINDALPOLY closes around the bulletin against the close before the news, with Nifty 50 rebased to it333.88432.56531.25axis spans 59%before the news · 6 Feb425.65Nifty 50JINDALPOLYbulletinD0+1+3+52 Feb12 Feb23 FebReference close ₹425.65. 16 sessions from 2 Feb to 23 Feb; the price axis spans 59 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before6 Feb₹425.65basebase
On the day9 Feb₹426.20▲ +0.1%▲ +0.7%−0.6 pp difference
+1 session10 Feb₹426.55▲ +0.2%▲ +0.9%−0.7 pp difference
+3 sessions12 Feb₹440.30▲ +3.4%▲ +0.4%+3.0 pp difference
+5 sessions16 Feb₹463.65▲ +8.9%0.0%+9.0 pp difference
Gap at the open, % · ₹
▲ +0.5%+2.26 on 9 Feb
Day's range, % · ₹
2.1%≈ 8.9 high to low
Volume on the day
0.10×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
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Source NSE UDiFF bhavcopy · JINDALPOLY on the desk →

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