JINDAL STEEL (JINDALSTEL) — Insider Trading

Skyhigh Sustainable Limited, a wholly-owned subsidiary of promoter entity Gagan Infraenergy Limited, will acquire 4,97,09,952 equity shares (4.87% voting rights) of Jindal Steel Limited from its parent company for ₹9,09,55,411. This off-market intra-group transfer consolidates shareholding within the promoter group and is exempt from mandatory open offer under SEBI takeover regulations. The acquisition is scheduled for on or after February 20, 2026. Post-acquisition, Skyhigh's holding increases from 0% to 4.87%, while Gagan Infraenergy's stake decreases to 0%.

📄 View Original Announcement (PDF)

📊 Stock Analysis — JINDALSTEL ✨ Ask AI About This

About JINDAL STEEL LIMITED (JINDALSTEL)

Metals & Mining · Ferrous Metals · Listed on NSE

Market Cap: ₹1,25,674.85 Cr P/E: 30.4

View full JINDALSTEL stock details →

📡 Get AI alerts when JINDALSTEL files next

Free • Daily 5 PM digest • Track filings, board meetings, and corporate actions

Track JINDALSTEL — Free

💡 Ask AI about this filing

"How does this insider trading affect JINDAL STEEL LIMITED's outlook?" "What did JINDAL STEEL LIMITED announce on 16 February 2026?" "Is this positive or negative for JINDALSTEL?"

Ask AI Free →

📊 More JINDALSTEL filings

See all JINDALSTEL filings →

🔥 Also filed on 16 February 2026

COALINDIA Coal India Limited Corporate Action BRITANNIA Britannia Industries Limited Financial Results CANBK Canara Bank Corporate Action POLYCAB Polycab India Limited Announcement EICHERMOT Eicher Motors Limited Financial Results MOTHERSON Samvardhana Motherson International Limited Financial Results

View all today's announcements →

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

📡 Get AI alerts when JINDALSTEL files new disclosures

Track JINDALSTEL filings, board meetings, and corporate actions. Free email alerts at 5 PM.