JSL Overseas increases stake in Jindal Stainless via open market

JSL Overseas Holding Limited, a promoter group entity, disclosed the purchase of 127,828 equity shares of Jindal Stainless Limited (BSE: JSL) through open market transactions on June 18, 2025. This acquisition raises JSL Overseas Holding's stake in Jindal Stainless from 16.16% to 16.18%, representing a total holding of 133,266,100 shares. The acquisition was made through market purchases. Before the acquisition, JSL Overseas Holding held 133,138,272 shares carrying voting rights. The company's current equity share capital is INR1647539176 divided into 823769588 equity shares of INR2 each. The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.