Jindal Worldwide Issues ₹6.89 Cr Corporate Guarantee

Jindal Worldwide Limited provides corporate guarantee of ₹6.89 crores to SIDBI for credit facility extended to its wholly-owned subsidiary Planet Spinning Mills Private Limited for machinery purchase.

Jindal Worldwide Reports Mixed Quarterly Performance with Revenue Decline and Subsidiary Restructuring

Jindal Worldwide Limited announced unaudited financial results for the quarter ended September 30, 2025, showing standalone revenue from operations of INR 54,810.89 lakhs compared to INR 56,758.92 lakhs in the previous year quarter. The company underwent significant corporate restructuring during the period, disposing of 51% stake in Goodcore Spintex Private Limited in August 2025, converting it from a subsidiary to an associate, and earlier sold its stake in Kashyap Tele-Medicines Limited in May 2025.

Jindal Worldwide Re-appoints Chairman and Names New Auditors at Annual Meeting

Jindal Worldwide Limited shareholders approved the re-appointment of Dr. Yamunadutt Agrawal as Chairman & Director at their 39th Annual General Meeting held on September 16, 2025. Dr. Agrawal, who has 51 years of experience in the textile industry, is the father of Vice Chairman & Managing Director Amit Agarwal. Shareholders also appointed M/s. R. Choudhary & Associates as Statutory Auditors and M/s. SPANJ & Associates as Secretarial Auditors, both for five-year terms from FY 2025-2026 to FY 2029-2030. R. Choudhary & Associates is a chartered accountants firm with over three decades of experience providing financial and advisory services. SPANJ & Associates is managed by four qualified Company Secretaries operating from Ahmedabad and Mumbai, specializing in corporate law compliance and SEBI regulations.

Jindal Worldwide Approves Rs. 70 Crore Corporate Guarantee for Aegios Polyfilms

Jindal Worldwide Limited's Operational Committee has approved granting a corporate guarantee of Rs. 70 crore to Aegios Polyfilms Private Limited for additional working capital facilities. The guarantee will be issued in favor of PNB Investment Services Limited, the lender providing enhanced credit limits to Aegios Polyfilms. Both companies share a common director, Mr. Amit Yamunadutt Agrawal, though the transaction is conducted at arm's length. The corporate guarantee will be treated as a contingent liability in Jindal Worldwide's books of accounts.

Jindal Worldwide Limited Approves Q1 FY26 Results and Schedules 39th AGM for September 16, 2025

Jindal Worldwide Limited's Board approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2025. The company reported standalone revenue from operations of INR 47,234.43 lakhs compared to INR 51,536.56 lakhs in the previous quarter, with profit after tax of INR 1,392.13 lakhs versus INR 742.65 lakhs in the same quarter last year. On a consolidated basis, revenue from operations was INR 53,989.74 lakhs against INR 48,743.07 lakhs in the corresponding quarter of the previous year, with profit after tax of INR 1,743.87 lakhs compared to INR 1,806.30 lakhs. The Board scheduled the 39th Annual General Meeting for September 16, 2025, to be conducted via video conferencing. The company operates primarily in textiles with a small electric vehicles segment and divested its stake in associate Kashyap Tele-Medicines Limited on May 20, 2025.