JSW Steel promoter JSL Overseas releases pledge on 35 lakh shares

Pledge releasedOwnership Changes View source PDF Explain this filing

JSWSTEEL · 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

₹1227.20

prior close

₹1222.30

announcement price

In-mkt

timing

Nifty 100market-0.1%-0.2% vs market

Iron & Steel peers, median of 10sector-0.1%-0.2% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty 100 and 0.2 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

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10m

-0.0

15m

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30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.3-0.1-0.2-0.1-0.2

Next day

+0.5+0.8-0.3-1.1+1.5

+2.1+0.6+1.5-1.2+3.4

+3.2+0.5+2.6-0.5+3.7

+3.1-0.2+3.4-2.3+5.4

+1.8-0.8+2.5-0.9+2.7

+1.8-0.2+1.9-0.6+2.4

15d

+6.6+2.5+4.1+2.7+3.9

+4.1+1.3+2.8+3.6+0.6

+1.8-3.4+5.1-0.3+2.1

-0.9-4.0+3.1-0.9-0.0

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

Promoter group entity JSL Overseas Limited, holding 2.10 crore shares (0.86%) of JSW Steel, has released a pledge on 35 lakh shares (0.14%) on July 7, 2026. Pledged shares fell from 1.60 crore (0.66%) to 1.25 crore (0.51%). The pledge was with Deutsche Bank AG Singapore Branch to secure borrowings.

Likely market impact

Positive for shareholders. Lower pledged holdings reduce margin call risk and ease collateral pressure on the promoter group.