Jindal Stainless share news, announcements and annual reports
NSE: JSLBSE: 532508Ferrous MetalsMid Cap
Jindal Stainless Limited · Formerly JSL Stainless · Face value ₹2 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Nov 2003
Last close ₹682.45up ₹0.30 (0.04%)BSE ₹683.10
Share price at the NSE close on 29 Oct 2026. Previous close ₹682.15.
29 Oct: open ₹682.20, high ₹687.85, low ₹678.15
52-week range of traded prices to 29 Oct 2026
₹652.25Low, 11 Jun 2026₹884.00High, 7 Jan 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹56,263 Cr170th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 16.86
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 2.65
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.59%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 17.0%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 16.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.33
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 7,68,52165.0% delivered
Jindal Stainless share news and announcements
1,248 announcements, routine notices left out, newest first. Page 25 of 25.
Jul 2008
22 Jul · Dividend
Board of directors of the Company, in its meeting held on July 22, 2008 has inter alia recommended 100% dividend, i.e. dividend @ Rs.2/- per equity share of Rs.2/- each for the financial year ended March 31, 2008. The said dividend if approved by the shareholders will be paid immediately after the annual general meeting. Further the details of Outcome of Board Meeting shall be available on NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
May 2008
12 May · Business
Press release dated May 12, 2008, titled "Antam and Jindal sign a Joint venture Agreement to Develop Nickel Smelting and Stainless Steel Facility in South East Sulawesi". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Apr 2008
30 Apr · Board meeting
Board of directors of the company, in its meeting held on April 30, 2008 inter alia has resoloved to promote wholly owned subsidiary company(ies) in Singapore and / or Switzerland and/ or Netherlands and/ or at any other place with an investment size up to USD 100 million in aggregate in next 2-3 years by way of equity contribution or sub debt or advances. The Board has resolved the above in supersession of earlier resolution passed in its meeting held on March 13, 2008, whereby it was resolved to form a wholly owned subsidiary company in Singapore with an investment upto an amount of USD 100 million in next 2-3 years.30 Apr · Results
Standalone Results for the quarter ended on 31-MAR-2008 as follows: Net Sales of Rs. 149628 lacs for quarter ending on 31-MAR-2008 against Rs. 143240 lacs for the quarter ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 5311 lacs for the quarter ending on 31-MAR-2008 against Rs. 9212 lacs for the quarter ending on 31-MAR-2007.25 Apr · Allotment of Equity Shares
Company has allotted 75,50,000 equity shares of Rs. 2/- each (representing 4.66% of the paid up share capital of the company) upon conversion of 75,50,000 convertible warrants to the following promoters of the company: (1) Sh. Ratan Jindal; No. of shares: 37,75,000; 2.33%, (2) Jindal Overseas Holdings Limited; No of shares: 37,75,000 ; 2.33%. Total No. of shares: 75,50,000 ; 4.66%. Consequent upon the above said allotment, the paid up equity share capital of the company has increased from Rs. 30,91,69,864/- to Rs. 32,42,69,864/- divided into 16,21,34,932 equity shares of Rs. 2/- each and shareholding of promoter group has increased from 43.29% to 45.93%.21 Apr · Board meeting
Company had informed the Exchange that instead of submitting unaudited financial results for the 4th quarter ended March 31, 2008 in the month of April, 2008 the company would submit audited results for the financial year ended March 31, 2008 within three months from the end of financial year ended March 31, 2008, i.e. by June 30, 2008. The Company has now informed the Exchange that now it has been decided to submit unaudited financial results for the 4th quarter ended March 31, 2008, in April, 2008. Therefore, the next meeting of the Board of directors of the company will be held on April 30, 2008, inter-alia to consider unaudited financial results (provisional) for the 4th quarter ended on March 31, 2008.21 Apr · Voluntary Delisting
Equity shares of the company have been delisted with effect from 09 April, 2008 from The Calcutta Stock Exchange Association Limited in terms of SEBI (Delisting of Securities) Guidelines, 2003 for voluntary delisting21 Apr · Results
The company would submit audited results for the financial year ended 31st March,2008 within three months from the end of financial year ended 31st March, 2008, i.e. by 30th June, 2008. In view of the above, company would not submit unaudited financial results for the 4th quarter ended 31st March, 2008, in the month of April, 200819 Apr · Conversion of Warrants
The Company has received the balance amount of Rs.69,98,85,000/- from the promoters of the Company against conversion of 75,50,000 outstanding warrants allotted on preferential basis and the allotment of 75,50,000 equity shares of Rs.2/- each upon conversion of 75,50,000 outstanding warrants would be made soon.
Mar 2008
24 Mar · Allotment of Equity Shares
Vide its letter dated March 21, 2008 that: "Today i.e on 21st March,2008 the company has allotted 39,72,450 equity shares of Rs. 2/- each (representing 2.57% of the paid up share capital of the company) upon conversion of 39,72,450 convertible warrants to the following promoters of the company: Name of the promoter (1)Sh. Ratan Jindal; No. of shares: 35,75,000; 2.31%, (2) Jindal Overseas Holdings Limited; No of shares: 3,97,450 ; 0.26%. Total No. of shares: 39,72,450 ; 2.57%. Consequent upon the above said allotment, the paid up equity share capital of the company has increased from Rs. 30,12,24,964/- to Rs. 30,91,69,864/- divided into 15,45,84,932 equity shares of Rs. 2/- each and shareholding of promoter group has increased from 41.79% to 43.29.%".13 Mar · Board meeting
Outcome of the meeting of Board of directors held on March 13, 2008 which is as follows:(i) In order to reap the benefit of rising infrastructure and utility services sector and to promote the usage of stainless steel in this sector, the Board of directors of the company has resolved to promote a wholly owned subsidiary in India. The Board has also resolved to invest upto an amount of Rs.500 crore in this proposed subsidiary in next 2-3 years.(ii) In order to have a focused approach for the acquisition of the mineral resources globally in countries like, Turkey, Indonesia, Vietnam and including India, the Board of directors has also resolved to form a wholly owned subsidiary company in Singapore which will be a mining and metal company and will act as hub for acquisition of all mineral resources available globally as well as in India. The Board has also resolved to invest upto an amount of USD 100 million in this proposed subsidiary in next 2-3 years.
Jan 2008
21 Jan · Board meeting
Board of directors of the company, in its meeting held January 21, 2008, inter alia has: 1) approved issuance of employee stock options under Employees Stock Option Scheme (ESOP), subject to approval of the shareholders in the ensuing extraordinary general meeting, and the Board of directors has constituted Compensation Committee to monitor the ESOP; 2) approved investment in M/s. Parivartan City Infrastructure Private Limited to make it 100% subsidiary; 3) approved investment in M/s. Ananta Minerals Resources Pte. Ltd., Singapore upto US$ 20 million; 4) approved investment in M/s. Jindal Stainless Madencilik Sanayi Ve Ticaret A.S., Turkey, a Turkey based subsidiary, upto US$ 4.5 million. The Company has further informed the Exchange that the board of directors of the company in its meeting held on January 21, 2008, has appointed Sh. Arvind Parakh as Additional Director w.e.f. January 21, 2008.21 Jan · Results
Standalone Results for the quarter ended on 31-DEC-2007 as follows: Net Sales of Rs. 134857 lacs for quarter ending on 31-DEC-2007 against Rs. 144559 lacs for the quarter ending on 31-DEC-2006. Net Profit / (Loss) of Rs. 5060 lacs for the quarter ending on 31-DEC-2007 against Rs. 11305 lacs for the quarter ending on 31-DEC-2006.9 Jan · Board meeting
Meeting on 21 Jan 2008: “Unaudited Financial Results for the qtr ended Dec 31, 2007/Unaudited Financial Results/Others”8 Jan · Allotment of Equity Shares
Vide its letter dated January 4, 2008 that "The company has allotted 31,77,550 equity shares of Rs. 2/- each (representing 2.11% of the paid up share capital of the company) upon conversion of 31,77,550 convertible warrants, to Jindal Overseas Holdings Limited, a company forming part of promoter group. Consequent upon the above said allotment, the paid up equity share capital of the company has increased from Rs. 29,48,69,864/- to Rs. 30,12,24,964/- divided into 15,06,12,482 equity shares of Rs. 2/- each and shareholding of promoter group has increased from 40.54% to 41.79%".
Nov 2007
30 Nov · Allotment of Equity Shares
Vide its letter dated November 30, 2007 that the Company has allotted 14,96,386 equity shares of Rs.2/- each upon conversion of 820 - 0.50% Convertible Bonds Due 2009 of US$ 41,00,000. Consequent upon conversion of convertible Bonds, the paid up equity share capital of the Company has been increased from Rs. 29,18,77,092 /- to Rs. 29,48,69,864 /- divided into 14,74,34,932 equity shares of Rs.2/- each.27 Nov · Miscellaneous
Sh. R.G. Garg, Joint Managing Director has been elevated as Managing Director & Chief Operating Officer of the company with effect from 27th November, 2007, through a circular resolution by the Board of directors16 Nov · Allotment of Equity Shares
Today i.e. 16th November, 2007, the company has allotted 1,09,491 equity shares of Rs.2/- each upon conversion of 60 - 0.50% Convertible Bonds Due 2009 of US$ 3,00,000. Consequent upon conversion of convertible bonds, the paid up equity share capital of the company has been increased from Rs.29,16,58,110/- to Rs. 29,18,77,092/- divided into 14,59,38,546 equity shares of Rs.2/- each2 Nov · Allotment of Equity Shares
The company has allotted 16,05,879 equity shares of Rs.2/- each upon conversion of 880- 0.50% Convertible Bonds Due 2009 of US$ 44,00,000. Consequent upon conversion of convertible bonds, the paid up equity share capital of the company has been increased from Rs.28,84,46,352/- to Rs. 29,16,58,110/- divided into 14,58,29,055 equity shares of Rs.2/- each.
Oct 2007
26 Oct · Allotment of shares/ others
Today i.e.October 26, 2007, the Company has allotted 10,94,917 Equity shares of Rs 2/- each upon conversion of 600 - 0.50% Convertible Bonds Due 2009 of US$ 30,00,000. Consequent upon conversion of convertible bonds, the paid up equity share capital of the company has been increased from Rs 28,62,56,518/- to Rs 28,84,46,352/- divided into 14,42,23,176 equity shares of Rs 2/- each. Further the Company has informed that Sh. V.S. Jain, Managing Director & Chief Executive Officer has resigned from the Board of Directors of the Company and the Board of Directors, in its meeting held today (October 26, 2007), has accepted his resignation with effect from October 26, 2007.26 Oct · Results
Standalone Results for the half year ended on 30-SEP-2007 as follows: Net Sales of Rs. 232431 lacs for half year ending on 30-SEP-2007 against Rs. 199951 lacs for the half year ending on 30-SEP-2006. Net Profit / (Loss) of Rs. 12441 lacs for the half year ending on 30-SEP-2007 against Rs. 14784 lacs for the half year ending on 30-SEP-2006.16 Oct · Allotment of shares
Today i.e. 12th October, 2007, the Company has allotted 1,09,491 equity shares of Rs.2/- each upon conversion of 60 - 0.50% Convertible Bonds Due 2009 of US$ 3,00,000. Consequent upon conversion of convertible bonds, the paid up equity share capital of the company has been increased from Rs.28,60,37,536/- to Rs.28,62,56,518/- divided into 14,31,28,259 equity shares of Rs.2/- each15 Oct · News Verification
News Verification : The media had reports on October 13, 2007 that Jindal Stainless Limited may invest $150 million on a chrome ore mine and a ferochrome plant in Vietnam. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Jindal Stainless Limited has vide its letter inter-alia stated,"The Company examines/pursues various opportunities in different areas, from time to time on a continuing basis and it is not practicable to comment upon every opportunity at every stage, unless finalized. However, we will inform the Exchange as and when it is finalized."15 Oct · Board meeting
Meeting on 26 Oct 2007: “Unaudited Results for Qtr & Half year ended Sep 30, 2007”
Sep 2007
21 Sep · Meeting
Proceedings of the Annual General Meeting of the Company held on August 31, 2007. A copy each of the Proceedings and Notice of the Annual General Meeting held on August 31, 2007 shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Aug 2007
6 Aug · Allotment of shares
Jindal Stainless Limited had informed the Exchange regarding the allotment of 7,29,944 equity shares of Rs. 2/- each upon conversion of 400 - 0.50% Convertible Bonds Due 2009 of US$ 20,00,000. The Company has further informed the Exchange that: "Today i.e. 3rd August , 2007, the Company has allotted 7,29,945 equity shares of Rs.2/- each upon conversion of 400 - 0.50% Convertible Bonds Due 2009 of US$ 20,00,000. Consequent upon conversion of convertible bonds, the paid up equity share capital of the Company has been increased from Rs.28,45,77,646/- to Rs.28,60,37,536/- divided into 14,30,18,768 equity shares of Rs.2/- each".3 Aug · Allotment of shares
Today i.e. 3rd August, 2007, the company has allotted 7,29,944 equity shares of Rs. 2/- each upon conversion of 400 - 0.50% Convertible Bonds Due 2009 of US$ 20,00,000. Consequent upon conversion of convertible bonds, the paid up equity share capital of the company has been increased from Rs.28,31,17,758/- to Rs.28,45,77,646/- divided into 14,22,88,823 equity shares of Rs.2/- each
Jul 2007
27 Jul · Allotment of shares
Today i.e. 27th July, 2007, the company has allotted 10,94,917 equity shares of Rs. 2/- each upon conversion of 600 - 0.50% Convertible Bonds Due 2009 of US$ 30,00,000. Consequent upon conversion of convertible bonds, the paid up equity share capital of the company has been increased from Rs.28,09,27,924/- to Rs.28,31,17,758/- divided into 14,15,58,879 equity shares of Rs.2/- each23 Jul · Results
Standalone Results for the quarter ended on 30-JUN-2007 as follows: Net Sales of Rs. 119682 lacs for quarter ending on 30-JUN-2007 against Rs. 85487 lacs for the quarter ending on 30-JUN-2006. Net Profit / (Loss) of Rs. 8260 lacs for the quarter ending on 30-JUN-2007 against Rs. 5079 lacs for the quarter ending on 30-JUN-2006.12 Jul · Board meeting
Meeting on 23 Jul 2007: “Unaudited financial results for quarter ended June 30, 2007”
Jun 2007
8 Jun · Allotment of shares
Today i.e. 8th June, 2007, the company has allotted 19,16,106 equity shares of Rs. 2/- each upon conversion of 1050 - 0.50% Convertible Bonds Due 2009 of US$ 52,50,000. Consequent upon conversion of convertible bonds, the paid up equity share capital of the company has been increased from Rs.27,70,95,712/- to Rs.28,09,27,924/- divided into 14,04,63,962 equity shares of Rs.2/- each5 Jun · Allotment of shares
Today i.e. 1st June, 2007, the company has allotted 3,26,650 equity shares of Rs. 2/- each upon conversion of 179 - 0.50% Convertible Bonds Due 2009 of US$ 8,95,000. Consequent upon conversion of convertible bonds, the paid up equity share capital of the company has been increased from Rs.27,64,42,412/- to Rs.27,70,95,712/- divided into 13,85,47,856 equity shares of Rs.2/- each4 Jun · Corporate action
Company has announced Book Closure from August 4, 2007 to August 15, 2007 for the purpose of Annual General Meeting / payment of final dividend, if approved by the shareholders.
May 2007
28 May · Miscellaneous
Summary of annual accounts approved by the BoDs of the Company in its meeting held on May 28, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.28 May · Dividend
Board of directors of the company, in its meeting held on May 28, 2007 inter alia : Recommended 20% final dividend, i.e. dividend @ Re.0.40 per equity share of Rs.2/- each for the financial year ended March 31, 2007. Further the Company has informed the Exchange that the said dividend, if approved by the shareholders, will be paid immediately after the annual general meeting.17 May · Board meeting
Inter alia to consider and approve annual audited accounts of the Company for the year ended March 31, 2007 and consolidated financial statements for the year ended March 31, 2007. Further the Company has informed that, payment of final dividend for the year ended on March 31, 2007 on equity shares of the Company, if any, will also be considered in the meeting.
Apr 2007
18 Apr · Voluntary Delisting
Equity shares of the company have been delisted with effect from 31st March 2007 from Delhi Stock Exchange Limited in terms of SEBI (Delisting of Securities) Guidelines, 2003 for voluntary delisting18 Apr · Results
The Company would submit audited results for the financial year ended 31st March, 2007 within three months from the end of financial year ended 31st March, 2007, i.e. by 30th June, 2007. In view of the above, Company would not submit unaudited financial results for the 4th quarter ended 31st March, 2007, in the month of April, 20075 Apr · E-mail ID for Investor Complaints
We have created a new e-mail ID viz., investorcare@jindalstainless.com, which is being used exclusively for the purpose of redressing the complaints of the investors.
Mar 2007
26 Mar · Dividend
"The Board of directors of the company, in its meeting held today (March 26, 2007), has approved payment of interim dividend on equity shares of the company @80% (Re.1.60 per equity share of Rs.2 each) for the financial year 2006-07". Further the Company has informed the Exchange that the said dividend will be paid immediately after the Record Date, i.e. March 31, 2007.16 Mar · Board meeting
Inter-alia to consider payment of interim dividend on equity shares of the company for the year 2006-07. Further, the company propose to fix up March 31, 2007 as the Record Date for payment of interim dividend, if approved by the Board of directors.12 Mar · Meeting
Proceedings of the Extraordinary General Meeting of the company held on March 10, 2007 which is as follows: "The meeting started with the welcome of the members by the Company Secretary. He also thanked the directors of the company present for having spared their valuable time to attend the meeting. As the required quorum was present, the meeting was called to order and the members were requested to consider the business of the meeting. Thereafter, items on the agenda relating to re-appointment of Sh. Ratan Jindal as Vice Chairman & Managing Director for a period of five years with effect from 1st April, 2007 and to get authorization in favour of the Board of directors to borrow moneys in excess of the company's capital and free reserves up to Rs.12,000 crore, were taken up, which were passed by the requisite majority of Shareholders. The meeting concluded with a vote of thanks to the Chair".
Feb 2007
20 Feb · Change in Board of Directors
Sh. Ashis Das, Jt. Managing Director & Chief Operating Officer (Orissa Division) has resigned with effect from 28th February, 2007 and the Board of directors of the company has inducted Sh. N.P. Jayaswal as Executive Director w.e.f. 1st March 2007.19 Feb · Disclosure
On 16th February, 2007 Jindal Stainless Limited has allotted 68,00,000 equity shares of Rs. 2/- each (representing 4.92% of the paid up share capital of the company) upon conversion of 68,00,000 convertible warrants, to Jindal Overseas Holdings Limited, P.O. Box 674 GT, 24, Howard Street, Grand Cayman, Cayman Islands, a company forming part of promoter group. Consequent upon the above said allotment, the shareholding a promoter group has increased from 38.33% to 43.25%.16 Feb · Allotment of shares
Today i.e. 16th February, 2007, the company has allotted 68,00,000 equity shares of Rs. 2/- each (representing 4.92% of the paid up share capital of the company) upon conversion of 68,00,000 convertible warrants, to Jindal Overseas Holdings Limited, a company forming part of promoter group. Consequent upon the above said allotment, the paid up equity share capital of the company has increased from Rs.26,28,42,412/- to Rs.27,64,42,412/- divided into 13,82,21,206 equity shares of Rs.2/- each and shareholding of promoter group has increased from 40.31% to 43.25%15 Feb · Meeting
Notice of Extraordinary General Meeting of shareholders of the company to be held on March 10, 2007. A copy of notice shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jan 2007
24 Jan · Board meeting
January 24, 2007 that "the Board of directors of the company, in its meeting held today, inter alia: has re-appointed Sh. Ratan Jindal as Vice Chairman & Managing Director for a period of five years from 1st April, 2007 to 31st March, 2012, subject to approval of shareholders and central Goverment".16 Jan · Board meeting
Meeting on 24 Jan 2007: “Unaudited Financial Results for the quarter ended Dec 31, 06”