StockWatch
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Iron & Steel Products
Shareholding26 Sept 2026, 11:31 am

Craft Emerging Market Fund Acquires 5.79% Stake in Jindal Supreme

AI Summary

Craft Emerging Market Fund PCC, through its various sub-funds including Citadel Capital Fund, Elite Capital Fund, and Arbitrage Strategy Fund, has acquired a 5.79% stake in Jindal Supreme (India) Ltd. The acquisition, totaling 2,953,204 shares, was made through an IPO and anchor investment. This disclosure is made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total equity share capital of Jindal Supreme is 51,023,769 shares.

Key Highlights

  • Craft Emerging Market Fund acquired 5.79% stake in Jindal Supreme.
  • The stake amounts to 2,953,204 shares.
  • Acquisition was made via IPO and anchor investment.
  • Disclosure filed under SEBI Takeover Regulations.
  • The acquirer is not part of the promoter group.