Jindal Stainless allots 80.12 lakh equity shares to promoter group entity JSL

On preferential basis

Jindal Stainless has allotted 80,12,940 equity shares of face value of Rs. 2 each @ Rs. 35.65 per equity share to JSL, a promoter group entity, for a cash consideration on preferential basis.

Consequent to above allotment, the paid-up equity share capital of the Company has increased from Rs. 95,84,43,320 divided into 47,92,21,660 equity shares of face value of Rs. 2 each to Rs. 97,44,69,200 divided into 48,72,34,600 equity shares of face value of Rs. 2 each.

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