The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mansarover Tradex Ltd
JSL · price
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Mansarover Tradex Limited, a promoter group entity of Jindal Stainless Limited, has disclosed an open market purchase of 92,040 equity shares (0.01%) on May 20, 2026. Before this acquisition, the entity held 1,12,01,770 shares representing 1.36% of the total voting capital. After the purchase, their holding increased to 1,12,93,810 shares representing 1.37% of the total share capital of 82,44,19,588 equity shares. The disclosure lists an extensive list of Persons Acting in Concert (PACs) including prominent Jindal family members and related entities, all classified under the Promoter Group.
This represents a minor increase in promoter holding through open market purchase. The 0.01% stake addition is very small and unlikely to have immediate impact on stock price, but indicates continued promoter confidence in the company.