Jindal Steel Ltd

📈 Skyhigh Sustainable Acquires 4.87% Stake in Jindal Steel Ltd

- Skyhigh Sustainable Limited, a wholly-owned subsidiary of Gagan Infraenergy Limited, acquired 4,97,09,952 equity shares (4.87% of total share capital) in Jindal Steel Limited.

- The acquisition occurred on February 20, 2026, through an off-market transaction.

- Skyhigh Sustainable Limited is part of the promoter group of Jindal Steel Limited, and the shares were acquired from its parent company, Gagan Infraenergy Limited.

- Post-acquisition, Skyhigh Sustainable Limited holds 4.87% of Jindal Steel Limited's voting rights, with no encumbrances or other instruments involved.

- Jindal Steel Limited's total equity share capital remains unchanged at Rs. 1,02,00,88,097, consisting of 1,02,00,88,097 equity shares of Re. 1 each.