The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for JSL Overseas Holding Ltd

Promoter bought stakeOwnership 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

+1.7%Reaction day

₹722.00

prior close

₹723.15

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-1.1%+2.8% vs market

Iron & Steel peers, median of 9sector-0.2%+1.8% vs sector

On the reaction day the stock moved 2.8 pts more than Nifty Midcap 150 and 1.8 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

+1.2

10m

+1.8

15m

+2.0

30m

+1.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.7-1.1+2.8-0.2+1.8

Next day

+3.5-1.4+4.8+0.4+3.1

-2.0-4.0+2.0-3.3+1.3

-2.2-4.4+2.2-4.9+2.7

+1.2-3.4+4.6-3.6+4.8

+1.2-1.6+2.8-1.1+2.3

+0.7-4.0+4.7-3.3+4.0

15d

-0.1-4.7+4.6-4.1+4.0

+6.1+0.5+5.6+5.5+0.6

+2.9+6.9-4.0+14.4-11.4

-6.2+3.1-9.3+5.0-11.1

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

JSL Overseas Holding Limited, part of the promoter group of Jindal Stainless Ltd, acquired 4,01,010 equity shares from the open market. The shares were bought in two tranches: 3,01,010 shares on 6 March 2026 and 1,00,000 shares on 9 March 2026. Following this purchase, the promoter group's holding through this entity rose from 16.84% (13,88,66,810 shares) to 16.89% (13,92,67,820 shares) of the company's total share capital. The acquisition was made via market purchase and represents a small incremental increase of 0.05%.

Likely market impact

This is a minor promoter group share purchase that signals continued confidence in the company but is too small to materially affect the stock price or change the promoter holding meaningfully.