JSL Overseas Buys 6.41 Lakh Shares of Jindal Stainless | Stake Rises to 17.20%
MumbaI, September 8, 2026: JSL Overseas Holding Limited, a promoter group entity of Jindal Stainless Limited, has acquired 6,41,817 equity shares of the company through open market purchases.
The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Key Details of the Transaction
|
Particulars |
Details |
|---|---|
|
Shares acquired |
6,41,817 |
|
Percentage of equity |
0.08% |
|
Mode of acquisition |
Open market purchase |
|
Dates of purchase |
4,09,048 shares on 03.09.2026 |
|
Holding before acquisition |
14,11,81,572 shares (17.12%) |
|
Holding after acquisition |
14,18,23,389 shares (17.20%) |
The total equity share capital of Jindal Stainless Limited remains unchanged at ₹164,88,39,176 divided into 82,44,19,588 equity shares of ₹2 each.
JSL Overseas Holding Limited belongs to the promoter group of Jindal Stainless Limited. The company has also submitted the list of Persons Acting in Concert (PAC) as required under the regulations.
The disclosure was filed with the National Stock Exchange of India Ltd. and BSE Ltd. on 7 September 2026.
Source: Official disclosure filed by JSL Overseas Holding Limited under Regulation 29(2) of SEBI (SAST) Regulations, 2011 dated 7 September 2026.
All figures and details are taken directly from the filing. No facts have been altered.