JSLBSEJindal Stainless LtdMediumNeutral
Announced Mon, 16 Jun · 18:01 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sajjan Jindal

Promoter Stake BuyOwnership Changes View source PDF

JSL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sajjan Jindal, as Trustee of the Sajjan Jindal Family Trust, acquired 14,92,773 equity shares (0.18%) of Jindal Stainless Ltd by way of gift from Smt. Savitri Devi Jindal on June 13, 2025. This is an internal promoter family transfer and does not change the overall promoter group stake in the company. The shares were received off-market as an inter-se transfer within the promoter group. After the acquisition, the trust's holding rose from 295 shares (negligible) to 14,93,068 shares (0.18% of the total equity capital of Rs. 164.75 crore).

Likely market impact

No material impact on shareholders or stock price — this is simply a reshuffling of shares within the promoter family and does not change the total promoter group's ownership in the company.