John Cockerill India has received significant financial relief with the approval of a payment extension from its parent company. The Indian subsidiary has been granted additional time to fulfill a substantial financial obligation to John Cockerill SA.

Payment Extension Details

The company has secured approval for delaying a €5 million payment obligation until March 31, 2026. This extension represents a significant development in the company's financial management strategy.

Financial Implications

This payment extension provides John Cockerill India with enhanced financial flexibility and improved cash flow management capabilities. The additional time allows the company to better align its payment obligations with its operational cash generation and strategic business priorities.

Corporate Support

The approval from John Cockerill SA demonstrates the parent company's continued confidence in and support for its Indian operations. This extension reflects a collaborative approach to financial management within the group structure, enabling the Indian subsidiary to optimize its financial planning and resource allocation strategies.

John Cockerill India Limited has disclosed another round of promoter share sales, with John Cockerill SA selling additional equity shares through open market transactions. The company informed BSE Limited about these substantial shareholding changes under applicable SEBI regulations.

Recent Transaction Series

Following the December 26 sale of 1,91,851 shares, John Cockerill SA has continued reducing its stake through market trades between December 29-31, 2025. The latest transaction involved the sale of 29,286 equity shares, representing 0.59% of the company's total paid-up capital.

Daily Transaction Breakdown

The latest sale was executed across three trading days with varying quantities and prices:

Updated Shareholding Structure

The cumulative effect of both transactions has significantly altered the company's ownership pattern. John Cockerill SA's promoter holding has decreased from 74.81% to 70.33% through these sequential sales.

Regulatory Compliance

The latest transaction disclosure was made by Company Secretary Nidhi Salampuria under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company has maintained full compliance with disclosure requirements for both transaction series.

Company Overview

John Cockerill India Limited operates with a total paid-up capital of ₹49.38 crores, consisting of 49,37,813 equity shares of ₹10 each. Despite the recent stake reductions, John Cockerill SA retains its promoter status with a substantial majority holding of 70.33%.