
Shareholding19 Sept 2026, 03:01 pm
JSL Overseas Holding increases stake in Jindal Stainless to 17.40%
AI Summary
JSL Overseas Holding Limited, a promoter group entity of Jindal Stainless Limited, acquired 9,97,696 equity shares of Jindal Stainless Limited through open market purchases. These acquisitions took place on September 16 and 17, 2026. This disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. As a result of these purchases, the promoter group's total shareholding in Jindal Stainless Limited increased from 17.28% to 17.40%. The equity share capital of Jindal Stainless Limited remains ₹1648.84 million, comprising 824.42 million shares of ₹2 each.
Key Highlights
- JSL Overseas Holding acquired 9,97,696 equity shares.
- The shares were purchased from the open market.
- Promoter group's stake increased from 17.28% to 17.40%.
- Disclosure made under SEBI Takeover Regulations, 2011.
Price Impact
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