Sat, Nov 25, 2023
Jindal Stainless Ltd (JSL) said lenders have released about 35.2 crore pledged shares, amounting to 42.74 per cent stake in the company. The shares were released during November 21-22, JSL said in a regulatory filing.
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Thu, Mar 09, 2023
Jindal Stainless shares continued to rise for the 7th day in a row to scale a fresh record high on March 9, the record date for the company's merger with Jindal Stainless Hisar via a share swap. Earlier, the stainless-steel makers entered a scheme of mega amalgamation that would create one of the biggest stainless-steel producers in the country. Under the scheme, Jindal Stainless Hisar will be merged into Jindal Stainless in a share swap ratio of 1:1.95.
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