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
JSL · price
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JSL Overseas Holding Limited, part of the promoter group of Jindal Stainless Limited, purchased 95,000 equity shares from the open market. Of these, 50,000 shares were bought on 17 March 2026 and 45,000 shares on 18 March 2026. This increased the promoter group's stake from 17.03% to 17.04% of the company's equity. The disclosure was filed under SEBI's takeover regulations for acquisition by promoter group entities.
This is a very small incremental purchase (just 0.01% increase) by the promoter group, signaling mild confidence from promoters but unlikely to materially affect the stock price. Shareholders should note the promoter group continues to hold a substantial 17.04% stake with no encumbrance.