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Jindal Poly Films faces class action suit alleging fund mismanagement and Rs 2,000 crore losses

The Jindal Poly Films stock fell into negative territory after the news. It was trading at Rs 538, down 2.07% around 2 pm.

Jindal polyfilmsJindal powertechJindal india powertechJindal india thermal power ltdNational company law tribunalJindal poly filmsJindal india powertech limitedOptionally convertible preference sharesRedeemable preference sharesJindal thermalJindal poly

NCLT defers Jindal Poly Films case over fraud allegations in class action suit

Last month, minority shareholders of Jindal Poly Films, led by Ankit Jain, filed India’s first class action lawsuit since the regulations were established in 2016. The company court will take up the case on 9 May.

Sanjeev aggarwalJindal polyfilmsJindal powertechBhavesh jindalDevinder kumar rithaliyaSubhadra jindalPunit guptaSanjeev saxenaAnkit jainRathi binod palVinod kumar guptaVijender kumar singhalJindal india powertech ltdJindal poly films ltdJindal poly filmsShyam sunder jindal

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