Jindal Steel Ltd

📉 Gagan Infraenergy Sells Entire 4.87% Stake in Jindal Steel to Subsidiary

• Gagan Infraenergy sold 4,97,09,952 shares of Jindal Steel to its wholly owned subsidiary, Skyhigh Sustainable Limited.

• The transaction took place on February 20, 2026.

• Gagan Infraenergy was part of the promoter group of Jindal Steel.

• Before the sale, Gagan Infraenergy held 4.87% of Jindal Steel’s total share capital.

• After the sale, Gagan Infraenergy’s holding in Jindal Steel is now zero.

• Jindal Steel’s total equity share capital remains Rs. 1,02,00,88,097, with 1,02,00,88,097 equity shares of Re. 1 each.