Jindal Worldwide Limited
Jindal Worldwide Ltd is engaged in the Textiles Sector and the main business activities are related to the manufacturing of Denim fabric, premium shirtings, yarn dyeing, bottom weights and home textiles through its various internal divisions
What Jindal files
- Others73
- Important22
- Board Meeting14
- Updates4
- Dividend/Bonus2
- Results1
Jindal Mobilitric, a Jindal Worldwide subsidiary, plans to expand its EV retail network to 100 showrooms by FY28, targeting 40 by FY27. Its Ahmedabad facility is operational, with 2 showrooms open and 52 dealers appointed, highlighting aggressive nationwide EV growth.
Jindal Worldwide's Board approved raising up to ₹650 Cr via a Rights Issue. This strategic move aims to achieve debt-free status by FY27, significantly strengthening its balance sheet, enhancing financial flexibility, and cutting interest costs for future growth.
Jindal Worldwide notified shareholders about transferring unclaimed equity shares to the IEPF. Dynamic Services & Security seeks approval for an equity FPO. Welspun Living seeks approval to appoint a Whole-time Director. International Travel House announced its AGM, with a proposed dividend of ₹5.50 per equity share.
Jindal Worldwide's Q1 revenue rose 10.8% YoY to INR 539.9 Cr, driven by strong fabric demand. EBITDA fell 13.7% to INR 40.3 Cr; PAT declined 3.9% to INR 17.4 Cr. Diversification into EV two-wheelers continues with 2.5 lakh unit production capacity.