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

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

+2.6%Reaction day

₹652.20

prior close

₹665.15

announcement price

In-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+1.2%+1.3% vs market

Iron & Steel peers, median of 9sector+1.0%+1.6% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Midcap 150 and 1.6 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

-0.3

10m

-0.1

15m

-0.1

30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.6+1.2+1.3+1.0+1.6

Next day

+5.2+1.7+3.5+1.2+4.0

+3.9+2.4+1.6+3.7+0.2

+3.1+2.9+0.2+3.5-0.4

+6.1+3.5+2.7+6.6-0.4

+5.9+3.9+2.0+5.6+0.3

+8.1+4.4+3.7+4.8+3.2

15d

+4.4+2.9+1.5+5.2-0.9

+6.9+4.6+2.3+8.0-1.0

+17.7+2.6+15.1+7.5+10.2

+20.5+3.6+16.9+12.6+7.9

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 Ltd, part of the promoter group of Jindal Stainless Ltd, bought 1,27,828 equity shares (0.02% of total share capital) from the open market on 18 June 2025. This is a disclosure filed under Regulation 29(2) of SEBI SAST Regulations, 2011. The acquirer's stake in Jindal Stainless rose marginally from 16.16% (13,31,38,272 shares) to 16.18% (13,32,66,100 shares). The purchase was made entirely through the open market route, and there is no mention of any encumbrance (pledge) creation or release. The filing includes a long list of persons acting in concert (PACs) with the acquirer, all belonging to the promoter group.

Likely market impact

This is a small promoter group purchase that signals continued confidence from the promoter family in the company, though the increase in stake is negligible and unlikely to move the stock price on its own.