StockWatch
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Iron & Steel
Shareholding8 Sept 2026, 11:15 am

JSL Overseas Increases Jindal Stainless Stake by 0.08%

AI Summary

JSL Overseas Holding Limited, a promoter group entity, has acquired 641,817 equity shares of Jindal Stainless Limited through open market purchases. This acquisition, executed on September 3rd and 4th, 2026, represents a 0.08% increase in its shareholding. Following the transaction, JSL Overseas Holding Limited's total holding in Jindal Stainless Limited stands at 141,823,389 shares, constituting 17.20% of the total share capital. The disclosure was made in accordance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Key Highlights

  • JSL Overseas Holding acquired 641,817 shares of Jindal Stainless.
  • Acquisition was made via open market purchases.
  • Total holding increased to 17.20% of share capital.
  • Transaction falls under SEBI Takeover Regulations.
  • Acquirer belongs to the promoter group.