JSL Overseas Holding increases stake in Jindal Stainless

JSL Overseas Holding Limited, part of the promoter group, has acquired 11,65,493 equity shares of Jindal Stainless Limited from the open market. This acquisition, which occurred on September 3 and 4, 2025, involved 5,39,128 shares and 6,26,365 shares respectively, raising JSL Overseas Holding Limited's total holding to 13,44,31,593 shares.

The transaction has increased JSL Overseas Holding Limited's voting rights in Jindal Stainless Limited from 16.16% to 16.30% of the total share capital. The equity share capital of Jindal Stainless Limited before and after the acquisition remains Rs. 1,64,88,39,176, divided into 82,44,19,588 equity shares of Rs.2 each.

In separate news, Jindal Stainless Limited announced its management would participate in several investor meetings from September 11 to September 22, 2025. These include NDR by Investec Capital Services (India) Pvt. Ltd. in Mumbai, Jefferies 4th India Forum Conference in Gurugram, and Morgan Stanley-India Materials Investors Group Meeting in New Delhi.