
Shareholding22 Sept 2026, 04:40 pm
JSL Overseas Holding raises Jindal Stainless stake to 17.50%
AI Summary
JSL Overseas Holding Limited, a promoter group entity of Jindal Stainless Limited, acquired 8,61,553 equity shares of the company. The acquisition was made from the open market on September 18 and September 21, 2026. This transaction increased the acquirer's shareholding in Jindal Stainless from 17.40% to 17.50% of the total share/voting capital. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Promoter group entity JSL Overseas Holding acquired shares.
- Acquired 8,61,553 equity shares from the open market.
- Increased stake in Jindal Stainless from 17.40% to 17.50%.
- Disclosure made under SEBI Takeover Regulations.
Price Impact
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