Jindal Drilling promoters pledge 26.86% stake

Jindal Drilling & Industries today said its promoters have pledged a 26.86 per cent stake of the company for rig financing to lenders.

In a filing to the Bombay Stock Exchange, the company said that promoters have pledged 61.59 lakh shares, representing 26.86 per cent stake.

Shares of Jindal Drilling & Industries settled at Rs 258, up 4.4 per cent on the BSE.