Universus Photo Image Limited, originally established as Jindal Photo Investments and Finance Limited in 2011, specializes in manufacturing and trading photographic and imaging products. Renamed in 2019, the company boasts a state-of-the-art plant in Dadra and Nagar Haveli, with a monthly production capacity of approximately 3 lakh sq.m. The firm produces X-Ray and NTR films used in various applications, including photo albums and medical equipment.
In December 2019, the National Company Law Tribunal approved a demerger scheme from Jindal Poly Films Limited, transferring the Photo Films Business to Universus Photo Image as a going concern. This strategic move expanded the company's operations to include medical imaging products such as X-Ray films and computed radiography devices. The demerger resulted in the issuance of equity shares to Jindal Poly Films' shareholders, marking a significant expansion in Universus Photo Image's business operations.
