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

Ownership Changes View source PDF Explain this filing

JSL · price

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

Price reactionminutes from the announcement price · days from the prior close

+0.8%Reaction day

₹589.00

prior close

₹591.54

announcement price

In-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.2%+0.6% vs market

Iron & Steel peers, median of 9sector-0.4%+1.2% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Midcap 150 and 1.2 pts more than its Iron & Steel peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.4

10m

-0.4

15m

-0.4

30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.8+0.2+0.6-0.4+1.2

Next day

-6.0-2.7-3.2-4.9-1.0

-11.7-6.2-5.5-11.6-0.1

-11.2-4.2-6.9-11.3+0.1

-12.6-4.8-7.7-11.3-1.3

-7.8-3.1-4.7-8.6+0.8

-5.3+0.6-5.9-2.2-3.2

15d

-3.6+4.2-7.9-1.9-1.8

-0.6+4.4-5.0-3.2+2.6

+12.9+10.2+2.7+1.9+11.0

+18.0+14.5+3.5+6.9+11.1

UpDownMarket · Nifty Midcap 150Sector · Iron & Steel peers, median of 9Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Abhyuday Jindal, part of the promoter group, transferred 2,50,58,536 equity shares (3.042% of total) of Jindal Stainless Ltd to other promoter group members by way of gift on 28 March 2025. The shares were mainly received by Savitri Devi Jindal, whose holding rose from 0.032% to 3.090%. Deepika Jindal's holding also changed slightly. The filing confirms there is no change in the total promoter group shareholding, as this is purely an internal reshuffle within the promoter family entities.

Likely market impact

This is a non-event for the stock and outside shareholders, since the promoter group's overall stake and voting power remain unchanged. It reflects internal family reorganisation of holdings, with no buying or selling in the open market.