Promoter group internal transfer of 4.87 percent Jindal Steel shares

Listed Co AcquisitionStrategic Transactions 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

+0.3%Reaction day

₹1210.00

prior close

₹1210.00

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.2%+0.1% vs market

Iron & Steel peers, median of 9sector-1.0%+1.3% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty 100 and 1.3 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

-0.5

10m

-0.4

15m

-0.5

30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3+0.2+0.1-1.0+1.3

Next day

+0.7+0.6+0.1+0.9-0.2

-0.8-0.9+0.0-1.8+0.9

+0.4-0.4+0.7-0.4+0.7

+0.5+0.2+0.3+0.9-0.4

+2.0-0.8+2.8+1.7+0.3

+4.2-0.3+4.5+4.1+0.1

15d

-2.1-6.6+4.5-4.1+2.0

-4.2-7.9+3.6-6.6+2.3

+4.6-4.1+8.7+5.7-1.1

+1.7-6.8+8.4+5.8-4.1

UpDownMarket · Nifty 100Sector · Iron & Steel peers, median of 9Pending

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

AI summary

Skyhigh Sustainable Limited, wholly-owned subsidiary of promoter Gagan Infraenergy Limited, to acquire 4,97,09,952 shares (4.87 percent) of Jindal Steel from Gagan Infraenergy via off-market inter-se transfer for Rs. 9.10 crore. Internal promoter group consolidation; total holding not changed. Exempted from open offer under SEBI Regulation 10. Effective on or after Feb 20, 2026.

Likely market impact

Internal promoter reshuffle; no change in total promoter stake or public holding, no open offer triggered.