JSL Overseas Holding Limited Acquires Additional 81,251 Shares in Jindal Stainless Limited

1 min read Updated on 23 Mar 2026, 10:03 PM

Reviewed by

Radhika SScanX News Team

Overview

JSL Overseas Holding Limited acquired 81,251 additional equity shares in Jindal Stainless Limited through open market purchases on March 19-20, 2026. The acquisition increased the promoter group entity's shareholding from 17.04% to 17.05%, representing a marginal increase of 0.01%. The transaction was disclosed under SEBI's takeover regulations, with JSL Overseas maintaining its position as a significant promoter group stakeholder in the stainless steel manufacturer.

*this image is generated using AI for illustrative purposes only.

JSL Overseas Holding Limited, a Mauritius-based promoter group entity, has disclosed the acquisition of additional equity shares in Jindal Stainless Limited through open market purchases. The transaction was disclosed under Regulation 29(2) of the Securities and Exchange Board of India's Substantial Acquisition of Shares and Takeovers Regulations, 2011.

Share Acquisition Details

The acquisition involved a total of 81,251 equity shares purchased through market transactions over two days:

Date	Shares Acquired
March 19, 2026	46,251
March 20, 2026	35,000
Total	81,251

Shareholding Position

The acquisition has marginally increased JSL Overseas Holding Limited's stake in Jindal Stainless Limited:

Position	Number of Shares	Percentage Holding
Before Acquisition	14,04,86,018	17.04%
Shares Acquired	81,251	0.01%
After Acquisition	14,05,67,269	17.05%

Company Structure and Listing

Jindal Stainless Limited's equity shares are listed on both the National Stock Exchange of India Limited and BSE Limited. The company's share capital structure remains unchanged following this transaction:

Parameter	Details
Total Equity Share Capital	Rs. 1,648,839,176
Number of Equity Shares	824,419,588
Face Value per Share	Rs. 2

Regulatory Compliance

JSL Overseas Holding Limited, based in Mauritius, belongs to the promoter group of Jindal Stainless Limited. The company has fulfilled its disclosure obligations by notifying both stock exchanges and the target company about this acquisition. The disclosure confirms that JSL Overseas holds no encumbered shares, voting rights other than through equity shares, or convertible securities in Jindal Stainless Limited.

This open market acquisition represents a routine increase in the promoter group's shareholding, maintaining their significant stake in the stainless steel manufacturer while ensuring full regulatory compliance.

Historical Stock Returns for Jindal Stainless

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.13%	+1.06%	-9.78%	-10.43%	+21.32%	+1,000.38%

Jindal Stainless

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JSL Overseas Holding Limited Increases Stake in Jindal Stainless to 17.04%

2 min read Updated on 20 Mar 2026, 06:50 PM

Reviewed by

Radhika SScanX News Team

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Overview

JSL Overseas Holding Limited, a Mauritius-based promoter group entity, has increased its stake in Jindal Stainless Limited by acquiring 95,000 equity shares through open market purchases. The acquisition, conducted over two days in March 2026, raised the company's shareholding from 17.03% to 17.04%, with the disclosure made under SEBI SAST regulations.

*this image is generated using AI for illustrative purposes only.

JSL Overseas Holding Limited , a promoter group entity of Jindal Stainless Limited, has further increased its shareholding in the stainless steel manufacturer through open market purchases. The Mauritius-based holding company disclosed the latest acquisition under SEBI regulations for substantial share acquisitions.

Latest Share Acquisition Details

JSL Overseas acquired a total of 95,000 equity shares through market purchases conducted over two days. The acquisition was executed in two tranches, with 50,000 shares purchased on March 17, 2026, and 45,000 shares acquired on March 18, 2026.

Transaction Details:	Information
Total Shares Acquired:	95,000
Acquisition Method:	Market purchase
Purchase Date 1:	March 17, 2026 (50,000 shares)
Purchase Date 2:	March 18, 2026 (45,000 shares)
Percentage Acquired:	0.01%

Updated Shareholding Pattern

The latest acquisition resulted in an increase in JSL Overseas' shareholding percentage in Jindal Stainless Limited. Prior to this transaction, the company held 14,03,91,018 shares representing 17.03% of the total equity capital.

Shareholding Summary:	Before Acquisition	After Acquisition	Change
Number of Shares:	14,03,91,018	14,04,86,018	+95,000
Percentage Holding:	17.03%	17.04%	+0.01%
Voting Rights:	17.03%	17.04%	+0.01%

Company Structure and Listing Details

Jindal Stainless Limited maintains its equity share capital structure unchanged following this acquisition. The company's shares continue to be traded on both major Indian stock exchanges.

Company Information:	Details
Equity Share Capital:	Rs. 1,64,88,39,176
Total Equity Shares:	82,44,19,588
Face Value per Share:	Rs. 2
NSE Scrip Code:	JSL
BSE Scrip Code:	532508

Regulatory Compliance and Promoter Group Structure

The disclosure was made in accordance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. JSL Overseas Holding Limited, based in Mauritius, belongs to the promoter group of Jindal Stainless Limited and acts in concert with numerous other promoter group entities and family members.

The extensive list of persons acting in concert includes key family members such as Abhyuday Jindal, Deepika Jindal, Naveen Jindal, Sangita Jindal, and Savitri Devi Jindal, along with multiple corporate entities and family trusts. The transaction represents a routine increase in promoter group shareholding through open market operations, with no changes to the overall equity structure of Jindal Stainless Limited.

Historical Stock Returns for Jindal Stainless