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Jindal Stainless on Wednesday said that Abhyuday Jindal, one of the promoters of the company, has purchased 97,000 equity shares of ₹2 each from the open market on June 10 (52,000 shares) and June 11 (45,000 shares). Following the acquisition, Abhyuday Jindal’s stake in the company has increased to 0.493 per cent from 0.478 per cent.
Shares of Jindal Stainless closed about 7 per cent higher at ₹38.3 over the previous day’s close of ₹35.90 on the NSE. Currently, promoters hold 67.01 per cent stake in the company. Their holding has increased to 67.01 per cent from 66.52 per cent.
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