StockWatch
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Iron & Steel
Shareholding22 May 2026, 10:52 am

Mansarover Tradex Hikes Stake in Jindal Stainless by 0.01%

AI Summary

Mansarover Tradex Ltd, a promoter group entity of Jindal Stainless Ltd, has increased its shareholding in the company. The acquisition, made through open market purchases, resulted in an increase of 92,040 shares, raising their stake from 1.36% to 1.37% of the total share/voting capital. The transaction was executed on May 20, 2024.

Key Highlights

  • Mansarover Tradex acquired 92,040 shares of Jindal Stainless via open market.
  • The acquisition increased Mansarover Tradex's stake in Jindal Stainless to 1.37%.
  • The total equity share capital of Jindal Stainless after acquisition remains at ₹1,64,88,39,176.
  • The acquisition was made on May 20, 2024.