Announced Sat, 27 Jun · 12:29 IST
Beaufield Holdings releases pledge on 17 lakh Jindal Steel shares
JINDALSTEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.1%1-day move
₹1061.00
prior close
₹1059.60
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.4+1.1+1.2+1.3+0.1-3.1-1.7-0.7-0.2-3.5-2.9———
Up moveDown movePending
AI summary
Beaufield Holdings Ltd, part of the promoter group of Jindal Steel Ltd, released a pledge on 17,00,000 shares (0.17% of share capital) on August 6, 2026. The pledge was held by Deutsche Bank A.G. Singapore Branch and was created to secure borrowings. After this release, promoter holding already encumbered stands at 34,91,350 shares (0.34%). Beaufield's total holding in Jindal Steel is 51,91,720 shares (0.59%).
Likely market impact
Pledge release reduces encumbered promoter shares, easing financial burden. Mildly positive for sentiment, but the size is small relative to total promoter holding.