Jindal Steel: Beaufield Holdings Releases Pledge on 77.97 Lakh Shares

Beaufield Holdings Limited, a promoter group entity of Jindal Steel Limited, has disclosed the release of pledge on 7,797,350 shares, representing 0.77% of the total share capital. The shares were pledged as security for borrowings with Deutsche Bank A.G., Singapore Branch. This action signifies a reduction in encumbrance on promoter holdings. The disclosure was made on June 23, 2026, in accordance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total promoter holding already encumbered has reduced, and the post-event holding of Beaufield Holdings Limited is now 0.18% of the total share capital.