StockWatch
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Iron & Steel
Shareholding22 May 2026, 10:54 am

Rohit Tower Building Ltd Sells Jindal Stainless Shares

AI Summary

Rohit Tower Building Ltd, a promoter group entity of Jindal Stainless Limited, disclosed the sale of shares of Jindal Stainless Limited under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Before the sale, Rohit Tower Building Ltd held 92,040 shares (0.01%) of Jindal Stainless. Post-sale, their holding is 0.00%. The sale was executed via open market. The equity share capital of Jindal Stainless before and after the sale remains at ₹1,64,88,39,176.

Key Highlights

  • Rohit Tower Building Ltd sold shares of Jindal Stainless Limited.
  • The sale was conducted under SEBI's Substantial Acquisition Regulations.
  • Rohit Tower Building Ltd's shareholding in Jindal Stainless is now 0.00%.
  • The sale was executed through the open market.
  • Jindal Stainless's equity share capital remains unchanged after the sale.