Jindal Steel Ltd

📈 Skyhigh Sustainable Acquires 4.87% Stake in Jindal Steel from Parent

• Skyhigh Sustainable Limited acquired 4,97,09,952 equity shares (4.87% voting rights) in Jindal Steel Limited from Gagan Infraenergy Limited.

• The acquisition was made for consolidation of Jindal Steel shareholding within the group.

• There was no change in the aggregate holding of the promoter and promoter group.

• The transaction price was Rs. 9,09,55,411 for the shares.

• Skyhigh Sustainable's shareholding increased from 0% to 4.87%, while Gagan Infraenergy's holding reduced from 4.87% to 0%.

• The transaction date was February 20, 2026.