JSL Overseas releases pledge on 65.29 lakh Jindal Steel shares

Pledge releasedOwnership Changes View source PDF Explain this filing

JINDALSTEL · 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

-1.3%Reaction day

₹1042.00

prior close

₹1026.40

announcement price

In-mkt

timing

Nifty 100market-0.1%-1.2% vs market

Iron & Steel peers, median of 10sector-0.1%-1.2% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty 100 and 1.2 pts less 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

+0.1

10m

+0.1

15m

+0.0

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.3-0.1-1.2-0.1-1.2

Next day

-1.7+0.8-2.5-0.9-0.8

-1.1+0.6-1.7-0.9-0.2

+0.5+0.5-0.1-0.5+1.0

+0.5-0.2+0.8-2.3+2.9

-0.5-0.8+0.3-0.9+0.5

+2.3-0.2+2.5-0.6+3.0

15d

+5.7+2.5+3.2+2.7+3.0

+7.1+1.3+5.8+3.1+4.0

+6.2-3.4+9.6-0.3+6.6

+0.3-4.0+4.3-1.2+1.5

UpDownMarket · Nifty 100Sector · Iron & Steel peers, median of 10Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

JSL Overseas Ltd, a promoter group entity of Jindal Steel Ltd, released the pledge on 65,29,360 shares (0.64 percent of total share capital) on July 7, 2026. The shares were earlier pledged with Deutsche Bank AG Singapore Branch to secure borrowings. The disclosure is filed under Regulation 31 of SEBI SAST Regulations, 2011.

Likely market impact

Positive for sentiment - lower pledged promoter holding reduces leverage risk for the promoter group.