BSEInsider Trading / SAST16 Sept 2026 · 16 Sept 2026, 05:08 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
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Jindal Stainless Ltd has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from JSL Overseas Holding Ltd, a promoter group entity, regarding the purchase of 6,19,678 equity shares of Jindal Stainless Ltd from the open market.
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Jindal Stainless Ltd - 532508 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
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JSL Overseas Holding Limited
6th Floor, Two Tribeca, Tribeca Central, Trianon 72261, Mauritius
Tel: (230) 467 3000 Fax: (230) 467 4000
16 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: JSSLL 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 purchaseooff 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, Bhikaji Cama Place
New Delhi
navneet@jindalstainless.com
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 :
14,18,23,389 17.20 17.20
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)
14,18,23,389 17.20 17.20
Details of acquisition/sale
a) Shares carrying voting rights acquired/ 6,19,678 0.08 0.08
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
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)
6,19,678 0.08 0.08
After the acquisition/sale, holding of:
a) Shares carrying voting rights 14,24,43,067 17.28 17.28
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)
14,24,43,067 17.28 17.28
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 610000 shares on 11.09.2026
of receipt of intimation of allotment of shares, 9678 shares on 15.9.2026
whichever is applicable Total: 619678 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
16 September 2026
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 te 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 Promoter Group AAACJ0091P
Consultancy 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
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 Promoter Group AAACE2672H
Limited
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
Goswamis Credits & Investments Private Promoter Group AAACG2173R
Limited
Abhinandan Investments Limited P r o m o t e r G r o u p A A A C A 0 3 7 2 L
Nalwa Engineering Co Ltd P r o m o t e r G r o u p A A B C N 0 6 1 9 E
Pankaj Continental Ltd P r o m o t e r G r o u p A A A C B 0 9 8 5 C
Jsw Holdings Limited P r o m o t e
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