BSEInsider Trading / SAST3d ago · 22 Sept 2026, 04:30 pm
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for JSL Overseas Holding Ltd & PACs
Jindal Stainless Ltd · 532508
✦ AI SummaryPledge
Jindal Stainless Ltd has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, regarding the purchase of equity shares by JSL Overseas Holding Limited from the open market.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk2/10
Liquidity Impact6/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Jindal Stainless Ltd - 532508 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Attachments (1)
📄pdf
Download →
CEBCB5CD_80C3_43BD_975C_D2CC1CBF23B9_163029.pdf
View document text
Docusign Envelope ID: 6D422C23-8DF4-8333-816B-13A7D9769142
JSL Overseas Holding Limited
6th Floor, Two Tribeca, Tribeca Central, Trianon 72261, Mauritius
Tel: (230) 467 3000 Fax: (230) 467 4000
22 September 2026
National Stock Exchange of India Ltd. BSE Ltd.
“Exchange Plaza”, C-1, Block G, Phiroze Jeejeebhoy Towers,
Bandra-Kurla Complex, Bandra (E), Dalal Street,
Mumbai - 400 051 Mumbai - 400 001
takeover@nse.co.in corp.relations@bseindia.com
Scrip Code: JSL Scrip Code: 532508
Sub: Disclosure under Regulation 29(2) of the Securities and Exchange Board of India SAST
Regulations, 2011
Dear Sir,
In terms of the provisions of Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 2011, please find attached herewith the requisite disclosure in respect of purchase of equity
shares of Jindal Stainless Limited by JSL Overseas Holding Limited from open market.
Thanking you.
Yours sincerely,
For JSL Overseas Holding Limited
Rathee Jugessur
Director
Encl.: As mentioned above
The Company Secretary
Jindal Stainless Limited
Jindal Centre
12, Bhikaiji Cama Place
New Delhi
navneet@jindalstainless.com
Docusign Envelope ID: 6D422C23-8DF4-8333-816B-13A7D9769142
JSL Overseas Holding Limited
6th Floor, Two Tribeca, Tribeca Central, Trianon 72261, Mauritius
Tel: (230) 467 3000 Fax: (230) 467 4000
Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011
Name of the Target Company (TC) Jindal Stainless Limited
Name(s) of the acquirer and Persons Acting in Acquirer : JSL Overseas Holding Limited
Concert (PAC) with the acquirer
PAC as per list attached at Annexure -1
Whether the acquirer belongs to Yes – belongs to promoter group
Promoter/Promoter group
Name(s) of the Stock Exchange(s) where the 1. National Stock Exchange of India Limited
shares of TC are Listed (NSE)
2. BSE Limited (BSE)
Details of the acquisition / disposal as follows Number % w.r.t. total % w.r.t.
share/voting total diluted
capital share/voting
wherever capital of
applicable(*) the TC (**)
Before the acquisition under consideration,
holding of :
14,34,40,763 17.40 17.40
a) Shares carrying voting rights
b) Shares in the nature of encumbrance
Nil Nil Nil
(pledge/lien/non-disposal undertaking
/others)
c) Voting rights (VR) otherwise than by
Nil Nil Nil
shares
d) Warrants/convertible securities/any other
instrument that entitles the acquirer to
Nil Nil Nil
receive shares carrying voting rights in the
TC (specify holding in each category)
e) Total (a+b+c+d)
14,34,40,763 17.40 17.40
Details of acquisition/sale
a) Shares carrying voting rights acquired/ 8,61,553 0.10 0.10
sold
b) VRs acquired otherwise than by shares Nil Nil Nil
c) Warrants/convertible securities/any other
instrument that entitles the acquirer to Nil Nil Nil
receive shares carrying voting rights in the
TC (specify holding in each category)
acquired/sold.
d) Shares encumbered /invoked/released by
the acquirer Nil Nil Nil
Docusign Envelope ID: 6D422C23-8DF4-8333-816B-13A7D9769142
JSL Overseas Holding Limited
6th Floor, Two Tribeca, Tribeca Central, Trianon 72261, Mauritius
Tel: (230) 467 3000 Fax: (230) 467 4000
e) Total (a+b+c+d)
8,61,553 0.10 0.10
After the acquisition/sale, holding of:
a) Shares carrying voting rights 14,43,02,316 17.50 17.50
b) Shares encumbered with the acquired Nil Nil Nil
c) VRs otherwise than by equity shares Nil Nil Nil
d) Warrants/convertible securities/any other Nil Nil Nil
instrument that entitles the acquirer to
receive shares carrying voting rights in the
TC (specify holding in each category) after
acquisition
e) Total (a+b+c+d)
14,43,02,316 17.50 17.50
Mode of acquisition/sale (e.g. open market / off- Market purchase.
market / public issue / rights issue /preferential
allotment / inter-se transfer etc.)
Date of acquisition / sale of shares / VR or date 656553 shares on 18.09.2026
of receipt of intimation of allotment of shares, 205000 shares on 21.9.2026
whichever is applicable Total: 861553 shares
Equity share capital / total voting capital of the Rs. 1648839176/- divided into 824419588 equity
TC before the said acquisition/sale shares of Rs.2/- each.
Equity share capital/ total voting capital of the Rs. 1648839176/- divided into 824419588 equity
TC after the said acquisition/sale shares of Rs.2/- each.
Total diluted share/voting capital of the TC after Rs. 1648839176/- divided into 824419588 equity
the said acquisition/sale shares of Rs.2/- each.
Note:
(*) Total share capital/voting capital to be taken as per the latest filing done by the company to the stock
exchange.
(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of
the outstanding convertible securities/warrants into equity shares of the TC.
For JSL Overseas Holding Limited
Rathee Jugessur
Director
22 September 2026
Docusign Envelope ID: 6D422C23-8DF4-8333-816B-13A7D9769142
JSL Overseas Holding Limited
6th Floor, Two Tribeca, Tribeca Central, Trianon 72261, Mauritius
Tel: (230) 467 3000 Fax: (230) 467 4000
Annexure -1
Names(s) of person and persons acting in concert (PAC) with the person
Name(s) of Persons Acting in Concert Whether the acquirer PAN of the acquirer
belongs to Promoter/ and/ or PACs
Promoter group
Abhyuday Jindal P r o m o t e r G r o u p A I E P J 2 4 3 1 J
Deepika Jindal P r o m o t e r G r o u p A A F P J 2 8 4 7 R
Urvi Jindal P r o m o t e r G r o u p A G F P J 3 8 3 7 R
Naveen Jindal HUF P r o m o t e r G r o u p A A A H J 3 8 3 1 J
Sangita Jindal P r o m o t e r G r o u p A D D P J 5 0 7 1 E
Savitri Devi Jindal P r o m o t e r G r o u p A C P P J 0 1 3 0 M
P R Jindal Huf . Promoter Group AAEHP7501H
Arti Jindal P r o m o t e r G r o u p A C Y P J 7 5 0 4 Q
Sminu Jindal P r o m o t e r G r o u p A A G P J 1 5 8 6 N
S K Jindal And Sons Huf . Promoter Group AAPHS1426R
Parth Jindal P r o m o t e r G r o u p A J J P J 6 2 3 2 H
R K Jindal & Sons Huf . Promoter Group AACHR8177F
Naveen Jindal P r o m o t e r G r o u p A A L P J 2 1 2 3 N
Tripti Jindal Arya P r o m o t e r G r o u p A C X P J 7 6 0 8 J
Tarini Jindal Handa P r o m o t e r G r o u p A E E P J 0 7 3 5 P
Tanvi Shete P r o m o t e r G r o u p A G C P J 0 2 3 3 G
Nirmala Goel Promoter Group AEQPG0976D
Kamal Kishore Bhartia P r o m o t e r G r o u p A A G P B 6 1 4 8 J
Seema Jindal P r o m o t e r G r o u p A C J P J 6 2 4 9 H
Saroj Bhartia P r o m o t e r G r o u p A A I P B 7 6 1 0 F
Virtuous Tradecorp Private Limited P r o m o t e r G r o u p A A E C V 7 0 8 8 E
Sun Investments Pvt Ltd P r o m o t e r G r o u p A A A C S 0 3 8 9 M
Jindal Equipment Leasing And Consultancy Promoter Group AAACJ0091P
Services Limited
Jindal Strips Limited P r o m o t e r G r o u p A A B C N 7 1 5 5 K
Docusign Envelope ID: 6D422C23-8DF4-8333-816B-13A7D9769142
JSL Overseas Holding Limited
6th Floor, Two Tribeca, Tribeca Central, Trianon 72261, Mauritius
Tel: (230) 467 3000 Fax: (230) 467 4000
Vrindavan Services Private Limited P r o m o t e r G r o u p A A A C V 8 9 8 7 C
Hexa Securities And Finance Co Ltd P r o m o t e r G r o u p A A B C H 0 9 4 4 A
Jsl Limited P r o m o t e r G r o u p A A C C J 1 4 5 1 F
Mansarover Tradex Limited P r o m o t e r G r o u p A A A C M 0 2 1 1 C
Siddeshwari Tradex Private Limited P r o m o t e r G r o u p A A T C S 0 9 7 4 M
Gagan Trading Company Limited P r o m o t e r G r o u p A A A C G 1 8 2 9 Q
Colarado Trading Co Ltd P r o m o t e r G r o u p A A C C C 1 7 0 0 E
Nalwa Investments Limited P r o m o t e r G r o u p A A A C N 0 1 7 1 G
Jindal Infrastructure And Utilities Limited P r o m o t e r G r o u p A A B C J 9 6 5 5 J
Stainless Investments Limited P r o m o t e r G r o u p A A F C S 9 4 3 3 H
Ever Plus Securities And Finance Limited P r o m o t e r G r o u p A A A C E 2 6 7 2 H
Manjula Finances Ltd P r o m o t e r G r o u p A A A C M 6 9 9 0 N
Jindal Rex Exploration Private Limited P r o m o t e r G r o u p A A B C J 8 4 2 0 H
Renuka Financial Services Ltd P r o m o t e r G r o u p A A A C R 4 7 4 8 M
Goswam
[Showing first 8,000 characters — download PDF for full document]