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The latest update is out from Universus Photo Imagings Ltd ( (IN:UNIVPHOTO) ).
Universus Photo Imagings Limited has announced that shareholder Ankit Jain has withdrawn his appeal before the National Company Law Appellate Tribunal, New Delhi, challenging a previous order of the National Company Law Tribunal, Allahabad. The NCLAT allowed the withdrawal on 16 April 2026, resulting in the appeal being dismissed as withdrawn.
With the dismissal of the appeal, the NCLT Allahabad order dated 15 October 2025, which was in favour of Universus Photo Imagings, remains fully operative, reinforcing the company’s legal position in the shareholder dispute. The company awaits the formal written order and has stated it will comply with any directions therein, signaling closure of this particular litigation and reduced legal overhang for stakeholders.
More about Universus Photo Imagings Ltd
Universus Photo Imagings Limited, formerly known as Jindal Photo Imaging Limited, operates in the photo imaging segment and is listed on both the National Stock Exchange of India and BSE. The company serves the Indian market from its corporate office in New Delhi and registered office in Uttar Pradesh, focusing on imaging-related products and services.
Average Trading Volume: 1,482
Technical Sentiment Signal: Buy
Current Market Cap: 4.61B INR
For a thorough assessment of UNIVPHOTO stock, go to TipRanks’ Stock Analysis page.