JSL Overseas releases pledge on 65.29 lakh Jindal Steel shares

Pledge ReleasedOwnership Changes View source PDF

JINDALSTEL · price

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▲ 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

-1.7%1-day move

₹1042.00

prior close

₹1026.40

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.1+0.1+0.0+0.2-1.7-1.1+0.5+0.5-0.5+2.3————

Up moveDown movePending

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.