JSL Overseas Holding Limited has acquired 6,39,612 equity shares of Jindal Stainless Limited through a market purchase on March 2, 2026. Following the acquisition, the promoter group entity increased its shareholding in the company to 13,79,51,924 shares, representing 16.73 percent of the total voting capital.

JSL Overseas Holding Raises Stake In Jindal Stainless To 16.73% After Market Purchase

Mauritius Firm Boosts Stake in Jindal Stainless Limited

JSL Overseas Holding Limited, a promoter group entity in Mauritius, has increased its shareholding in Jindal Stainless Limited through a fresh purchase of equity shares from the open market.

The company acquired 6,39,612 equity shares of Jindal Stainless Limited through a market purchase on March 2, 2026.
This represents about 0.08 percent of the company's total shareholding.

Before the acquisition, JSL Overseas Holding Limited held 13,73,12,312 shares in Jindal Stainless Limited, which represented 16.66 percent of the total shareholding and voting rights in the company.

After acquiring the additional shares, the company's holding increased to 13,79,51,924 shares, raising its shareholding to 16.73 percent of the total voting capital of Jindal Stainless Limited.

The total equity share capital of Jindal Stainless Limited remains unchanged at ₹1,648,839,176 divided into 824,419,588 equity shares of ₹2 each.

The acquisition was carried out in the open market and disclosed in accordance with the SEBI Substantial Acquisition of Shares and Takeovers Regulations, 2011.

This reflects an increase in the promoter group's stake in Jindal Stainless following the open market purchase of shares by JSL Overseas Holding Limited.