Jindal Stainless shareholders and shareholding pattern

NSE: JSLBSE: 532508Ferrous MetalsMid Cap

Jindal Stainless Limited · Formerly JSL Stainless · Face value ₹2 · Listed Nov 2003

₹709.80₹20.95 (3.04%)BSE ₹709.55

Share price at the NSE close on 27 Oct 2026. Previous close ₹688.85.

27 Oct: open ₹690.00, high ₹711.95, low ₹683.90

52-week range of traded prices to 27 Oct 2026

₹652.25Low, 11 Jun 2026₹884.00High, 7 Jan 2026

Market cap: ₹58,517 Cr170th largest listed
P/E: 17.54
P/B: 2.75
Dividend yield: 0.56%
ROE: 17.0%
ROCE: 16.0%
Debt to equity: 0.33
Volume, NSE: 3,28,53752.1% delivered

Jindal Stainless' shareholding pattern for Sep 2026, filed on 10 Oct 2026, with every filing from Dec 2016: who owns its shares by group, its promoters by name and its public holders of 1% or more.

Who owns Jindal Stainless, filing by filing

Per cent of the company's shares.

Sep 2026 filing

Promoters62.55%
Foreign institutions20.07%
Indian institutions7.74%
Individuals and others9.61%
Employee trusts0.02%

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Indian institutions
Individuals and others
Employee trusts

Per cent	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	75.00%	75.00%	65.13%	65.13%	65.13%	66.52%	66.52%	66.52%	66.59%	67.01%	67.27%	68.11%	68.11%	68.11%	68.12%	68.12%	68.12%	68.12%	68.12%	68.60%	68.60%	69.87%	70.10%	70.10%	70.10%	57.94%	57.94%	57.94%	58.69%	60.49%	60.49%	60.49%	60.71%	60.88%	61.10%	61.23%	61.23%	62.05%	62.05%	62.55%
Indian promoters	55.34%	55.34%	48.06%	48.06%	48.06%	50.14%	50.14%	50.14%	50.20%	50.62%	50.81%	51.62%	51.62%	51.62%	51.63%	51.63%	51.63%	51.63%	51.63%	52.67%	52.67%	54.94%	55.17%	55.17%	55.17%	30.05%	31.80%	31.81%	31.81%	32.57%	32.57%	32.57%	32.60%	32.60%	32.60%	32.62%	32.62%	32.62%	32.62%	32.62%
Foreign promoters	19.66%	19.66%	17.07%	17.07%	17.06%	16.38%	16.39%	16.39%	16.39%	16.39%	16.46%	16.49%	16.49%	16.49%	16.49%	16.49%	16.49%	16.49%	16.49%	15.93%	15.93%	14.93%	14.93%	14.93%	14.92%	27.90%	26.14%	26.14%	26.88%	27.92%	27.91%	27.91%	28.10%	28.28%	28.49%	28.61%	28.61%	29.43%	29.43%	29.94%
	25.00%	25.00%	34.87%	34.87%	34.87%	33.48%	33.48%	33.48%	33.41%	32.99%	32.73%	31.89%	31.89%	31.89%	31.88%	31.88%	31.88%	31.88%	31.88%	31.40%	31.40%	30.13%	29.90%	29.90%	29.90%	42.06%	42.06%	42.06%	41.31%	39.51%	39.51%	39.51%	39.25%	39.10%	38.89%	38.68%	38.69%	37.90%	37.92%	37.42%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	12.87%	13.22%	22.82%	23.10%	23.97%	22.56%	20.83%	22.49%	22.78%	22.16%	21.38%	21.25%	21.42%	21.53%	20.87%	20.45%	20.07%
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	21.68%	22.94%	22.24%	20.50%	21.95%	22.22%	21.61%	20.94%	20.97%	21.12%	21.23%	20.55%	20.15%	19.78%
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	12.71%	13.05%	21.92%	0.52%	0.43%	0.32%	0.33%	0.54%	0.56%	0.55%	0.43%	0.29%	0.30%	0.30%	0.32%	0.30%	0.29%
Overseas depositories	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.17%	0.17%	0.90%	0.90%	0.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Not applicable	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	–	–	–	–
Advantage Advisers India Fund Inc	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	–
Overseas Corporate Bodies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6.49%	7.22%	6.15%	6.01%	5.42%	5.81%	6.63%	6.25%	5.87%	6.27%	6.92%	7.09%	7.08%	7.22%	7.15%	7.35%	7.74%
Mutual funds	1.59%	1.21%	0.82%	0.64%	0.47%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.07%	0.26%	0.76%	1.57%	2.62%	3.01%	2.68%	2.28%	2.94%	6.27%	3.25%	2.99%	3.01%	3.06%	4.23%	3.94%	3.65%	3.55%	3.36%	3.01%	2.89%	3.12%	3.16%	3.45%	4.01%
Insurance companies	0.61%	0.61%	0.56%	0.56%	0.35%	0.11%	0.11%	0.11%	–	–	–	0.16%	0.16%	0.16%	0.16%	0.16%	0.11%	0.11%	0.11%	0.32%	0.56%	0.35%	0.13%	0.13%	0.13%	0.14%	0.31%	0.31%	0.76%	0.78%	0.94%	0.98%	1.39%	2.20%	2.53%	2.63%	2.71%	2.57%	2.57%	2.35%
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Provident and pension funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	Under 0.01%	Under 0.01%	Under 0.01%	0.04%
Alternative investment funds	–	–	–	–	–	–	–	–	–	0.14%	0.36%	0.36%	0.36%	6.00%	6.19%	6.24%	6.23%	6.23%	4.27%	3.69%	3.64%	3.28%	3.44%	3.41%	0.81%	2.76%	2.71%	2.10%	1.99%	1.61%	1.37%	1.23%	1.32%	1.35%	1.54%	1.56%	1.40%	1.42%	1.33%	1.33%
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Other financial institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	Under 0.01%
Trust	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	10.54%	9.46%	13.09%	12.95%	12.67%	12.94%	12.05%	10.77%	10.86%	10.81%	10.81%	10.55%	10.18%	9.93%	9.87%	10.11%	9.61%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7.07%	6.02%	7.24%	7.24%	7.35%	7.66%	7.46%	7.03%	7.29%	7.27%	7.44%	7.25%	7.05%	6.87%	6.82%	7.03%	6.64%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.95%	1.08%	1.76%	1.72%	1.55%	1.48%	1.32%	1.11%	0.93%	0.90%	0.78%	0.73%	0.63%	0.61%	0.63%	0.52%	0.55%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.33%	1.17%	1.54%	1.52%	1.44%	1.42%	1.20%	0.95%	0.94%	0.94%	0.90%	0.91%	0.80%	0.78%	0.79%	0.91%	0.81%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.72%	0.77%	1.18%	1.18%	1.09%	1.11%	0.88%	0.61%	0.61%	0.63%	0.62%	0.63%	0.62%	0.60%	0.62%	0.63%	0.61%
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.45%	0.41%	1.35%	1.27%	1.22%	1.25%	1.18%	1.06%	1.07%	1.05%	1.04%	1.02%	1.07%	1.06%	1.01%	1.02%	0.99%
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.03%	0.04%	0.04%	0.04%	0.05%	0.04%	0.02%	0.04%	0.03%	0.03%	0.03%	0.02%	0.02%	0.02%	0.03%	0.01%
Overseas Corporate Bodies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.30%	0.25%	0.38%	0.35%	0.35%	0.36%	0.33%	0.28%	0.28%	0.28%	0.28%	0.27%	0.27%	0.26%	0.26%	0.27%	0.26%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.05%	0.02%	0.01%	Under 0.01%	0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.06%	0.06%	0.01%	0.01%	0.04%
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.06%	0.07%	0.20%	0.15%	0.11%	0.13%	0.10%	0.07%	0.06%	0.06%	0.06%	0.05%	0.05%	–	–	–	–
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.04%	0.04%	0.72%	0.72%	0.72%	0.71%	0.71%	0.70%	0.69%	0.68%	0.68%	0.67%	0.67%	0.67%	0.66%	0.66%	0.66%
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.05%	0.05%	0.05%	0.02%
Employee trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.04%	0.01%	0.01%	0.09%	0.08%	0.06%	0.04%	0.02%
Promoter shares pledgedShare of the promoters' own shares	37.27%	96.76%	96.76%	96.76%	96.76%	85.86%	85.86%	85.86%	85.77%	85.24%	84.90%	82.48%	82.48%	82.48%	82.46%	82.46%	82.46%	86.64%	86.64%	83.13%	83.13%	78.32%	78.07%	78.07%	82.95%	77.54%	77.54%	77.54%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.51%	0.61%	0.60%
Shares in issue	39,94,69,754	39,94,69,754	46,00,40,074	46,00,40,074	46,00,40,074	47,92,21,660	47,92,21,660	47,92,21,660	47,92,21,660	47,92,21,660	47,92,21,660	48,72,34,600	48,72,34,600	48,72,34,600	48,72,34,600	48,72,34,600	48,72,34,600	48,72,34,600	48,72,34,600	50,42,72,990	50,42,72,990	52,54,95,468	52,54,95,468	52,54,95,468	52,54,95,468	82,34,34,588	82,34,34,588	82,34,34,588	82,34,34,588	82,34,34,588	82,34,34,588	82,34,34,588	82,37,69,588	82,37,69,588	82,37,69,588	82,44,19,588	82,44,19,588	82,44,19,588	82,44,19,588	82,44,19,588
Shares locked in	2,88,06,564	2,88,06,564	7,86,26,884	7,86,26,884	7,63,80,760	8,45,62,346	2,39,92,026	1,91,81,586	1,91,81,586	1,91,81,586	1,91,81,586	2,71,94,526	2,71,94,526	2,71,94,526	2,71,94,526	5,55,71,199	5,55,71,199	5,55,71,199	80,12,940	2,50,51,330	2,50,51,330	4,62,73,808	4,62,73,808	4,62,73,808	3,52,52,643	3,52,52,643	3,52,52,643	3,52,52,643	3,52,52,643	3,52,52,643	3,52,52,643	3,52,52,643	2,12,22,478	2,12,22,478	–	–	–	–	–	–
Promoters' shares locked in	2,65,60,440	2,65,60,440	1,58,10,440	1,58,10,440	1,58,10,440	2,39,92,026	2,39,92,026	1,91,81,586	1,91,81,586	1,91,81,586	1,91,81,586	2,71,94,526	2,71,94,526	2,71,94,526	2,71,94,526	2,71,94,526	2,71,94,526	2,71,94,526	80,12,940	2,20,43,105	2,20,43,105	4,32,65,583	4,32,65,583	4,32,65,583	3,52,52,643	3,52,52,643	3,52,52,643	3,52,52,643	3,52,52,643	3,52,52,643	3,52,52,643	3,52,52,643	2,12,22,478	2,12,22,478	–	–	–	–	–	–

Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. Pledged is the share of the promoters' own shares given to lenders as security. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of Jindal Stainless shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
All shareholders	46,958	46,412	46,448	47,297	47,797	49,303	50,860	57,025	62,033	61,909	61,750	60,587	59,993	60,280	60,425	61,523	63,860	73,578	78,471	1,02,936	1,01,600	1,10,268	1,31,174	1,31,244	1,14,652	1,46,581	1,39,365	1,52,709	1,66,183	1,87,726	2,02,103	2,09,910	2,11,924	2,22,569	2,19,278	2,12,125	2,09,086	2,07,613	2,11,641	2,03,646
	48	51	50	50	55	55	55	55	55	55	55	56	56	56	56	56	56	56	56	56	56	56	56	56	56	59	58	59	59	59	59	59	59	59	59	59	58	58	58	57
Indian promoters	43	46	46	46	52	52	51	51	51	51	51	52	52	52	52	52	52	52	52	52	52	52	52	52	52	55	55	56	56	56	56	56	56	56	56	56	55	55	55	54
Foreign promoters	5	5	4	4	3	3	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	3	3	3	3	3	3	3	3	3	3	3	3	3	3
	46,910	46,361	46,398	47,247	47,742	49,248	50,805	56,970	61,978	61,854	61,695	60,531	59,937	60,224	60,369	61,467	63,804	73,522	78,415	1,02,880	1,01,544	1,10,212	1,31,118	1,31,188	1,14,596	1,46,522	1,39,307	1,52,650	1,66,124	1,87,667	2,02,044	2,09,851	2,11,864	2,22,509	2,19,218	2,12,065	2,09,027	2,07,554	2,11,582	2,03,588
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	105	115	167	178	200	194	214	469	480	496	487	502	526	548	557	550	536
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	155	176	172	193	433	447	466	460	477	500	522	532	526	512
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	99	109	161	17	18	17	16	31	28	25	22	20	21	21	20	19	19
Overseas depositories	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	0	0	0	0	0	0	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5
Not applicable	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	–	–
Advantage Advisers India Fund Inc	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5	5	5	–
Overseas Corporate Bodies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	58	64	72	76	70	86	91	93	96	96	99	105	112	111	114	114	119
Mutual funds	20	20	20	20	20	19	20	20	18	18	18	19	19	19	19	20	21	21	23	23	24	25	25	25	27	29	30	31	39	41	41	41	39	40	40	41	41	39	40	43
Insurance companies	3	3	3	3	3	2	2	2	–	–	–	3	3	3	3	3	2	2	2	4	4	4	3	3	3	3	5	4	7	6	8	9	10	9	9	10	11	14	16	16
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	24	25	25	25	25	25	25	25	25	25	25	26	25	25	24	24	24
Provident and pension funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	–	–	1	1	1	1
Alternative investment funds	–	–	–	–	–	–	–	–	–	1	1	1	1	2	2	2	2	2	4	6	3	4	4	4	8	14	15	9	14	17	17	20	21	24	29	35	32	35	32	32
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	1	1	1	1	1	2	2	1	1	1	1	1	1	1	1	1
Other financial institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	1
Trust	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,31,025	1,14,417	1,46,283	1,39,053	1,52,380	1,65,844	1,87,362	2,01,482	2,09,275	2,11,272	2,21,923	2,18,611	2,11,427	2,08,368	2,06,883	2,10,918	2,02,933
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,26,688	1,10,334	1,40,668	1,33,338	1,46,032	1,58,711	1,79,369	1,92,460	1,99,738	2,01,371	2,11,584	2,08,226	2,00,967	1,97,611	1,95,971	1,99,309	1,91,457
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	23	28	55	54	49	47	46	39	36	36	30	28	24	23	23	24	26
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	538	573	951	1,005	1,134	1,272	1,397	1,608	1,688	1,726	1,750	1,733	1,698	1,721	1,718	1,787	1,854
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2,120	2,012	2,669	2,757	3,142	3,590	4,226	4,845	5,166	5,441	5,737	5,746	5,858	6,071	6,182	6,677	6,687
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	–
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	2	2	2	2	2	2	2	2	2	2	2	2	2	2
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,653	1,467	1,937	1,895	2,019	2,220	2,320	2,526	2,643	2,694	2,817	2,874	2,876	2,938	2,985	3,117	2,906
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	8	13	14	15	20	21	22	21	22	21	22	22	21	21	22	25	16
Overseas Corporate Bodies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,522	1,358	1,784	1,770	1,873	2,064	2,151	2,318	2,426	2,474	2,590	2,647	2,617	2,679	2,734	2,850	2,807
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	86	47	44	13	13	9	9	13	11	12	10	9	43	46	42	41	45
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	34	46	90	92	108	121	133	169	179	182	190	191	190	–	–	–	–
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	187	182	196	33
Employee trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	0	0	1	1	1	1	1	1	1	1

Jindal Stainless promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is JSL OVERSEAS HOLDING LTD, 17.63%. The filing names 4 more members with no shares.Promoter buying and selling

Holder
JSL OVERSEAS HOLDING LTDForeign companies and others	17.63%	14,53,48,931	0.00%
JSL OVERSEAS LTDForeign companies and others	12.28%	10,12,67,813	0.00%
Virtuous Tradecorp Private LimitedIndian companies, trusts and others	7.45%	6,13,78,299	0.00%
Sun Investments Pvt LtdIndian companies, trusts and others	3.33%	2,74,25,501	0.00%
Jindal Equipment Leasing and Consultancy Services LimitedIndian companies, trusts and others	2.05%	1,69,19,888	0.00%
Jindal Strips LimitedIndian companies, trusts and others	1.90%	1,56,76,566	0.00%
Naveen JindalIndividuals and Hindu undivided families	1.78%	1,46,38,147	0.00%
Vrindavan Services Private LimitedIndian companies, trusts and others	1.77%	1,45,92,780	0.00%
Hexa Securities and Finance Co LtdIndian companies, trusts and others	1.76%	1,45,46,967	0.00%
Jsl LimitedIndian companies, trusts and others	1.69%	1,39,70,850	0.00%
Mansarover Tradex LimitedIndian companies, trusts and others	1.37%	1,12,93,810	0.00%
Arti JindalIndividuals and Hindu undivided families	1.10%	90,97,086	0.00%
Siddeshwari Tradex Private LimitedIndian companies, trusts and others	0.99%	81,29,876	38.13%
Gagan Trading Company Pvt LimitedIndian companies, trusts and others	0.88%	72,40,171	0.00%
Colorado Trading Co Pvt LtdIndian companies, trusts and others	0.74%	61,21,044	0.00%
Nalwa Investments LimitedIndian companies, trusts and others	0.61%	50,35,975	0.00%
Jindal Infrastructure and Utilities LimitedIndian companies, trusts and others	0.56%	46,30,509	0.00%
Stainless Investments LimitedIndian companies, trusts and others	0.52%	42,56,541	0.00%
Ever Plus Securities and Finance LimitedIndian companies, trusts and others	0.41%	34,15,614	0.00%
Deepika JindalIndividuals and Hindu undivided families	0.37%	30,51,053	0.00%
Manjula Finances LtdIndian companies, trusts and others	0.36%	29,85,636	0.00%
Jindal Rex Exploration Private LimitedIndian companies, trusts and others	0.33%	27,42,704	0.00%
Renuka Financial Services Pvt LtdIndian companies, trusts and others	0.32%	26,15,529	0.00%
Goswamis Credits & Investments Private LimitedIndian companies, trusts and others	0.31%	25,89,496	0.00%
Abhinandan Tradex LimitedIndian companies, trusts and others	0.29%	23,93,483	0.00%
Nalwa Engineering Co LtdIndian companies, trusts and others	0.27%	22,04,506	0.00%
Pankaj Continental Pvt LtdIndian companies, trusts and others	0.24%	19,89,220	0.00%
Urvi JindalIndividuals and Hindu undivided families	0.23%	19,16,746	0.00%
SAJJAN JINDAL (AS A TRUSTEE FOR SAJJAN JINDAL FAMILY TRUST)Indian companies, trusts and others	0.18%	14,93,068	0.00%
Jsw Holdings LimitedIndian companies, trusts and others	0.16%	13,59,124	0.00%
Meredith Traders Private LimitedIndian companies, trusts and others	0.15%	12,45,521	0.00%
Pacific Metallic Trading Co. Pvt. Ltd.Indian companies, trusts and others	0.14%	11,63,031	0.00%
Nalwa Sons Investments LimitedIndian companies, trusts and others	0.12%	10,26,438	0.00%
Naveen Jindal HUFIndividuals and Hindu undivided families	0.04%	3,18,187	0.00%
Sangita JindalIndividuals and Hindu undivided families	0.03%	2,79,242	0.00%
Savitri Devi JindalIndividuals and Hindu undivided families	0.03%	2,61,291	0.00%
SARIKA JHUNJHNUWALANon-resident and foreign individuals	0.02%	1,96,339	0.00%
P R Jindal Huf .Individuals and Hindu undivided families	0.02%	1,71,956	0.00%
Sminu JindalIndividuals and Hindu undivided families	0.02%	1,29,432	0.00%
PRJ Family Management Company Private Limited (As a trustee of PRJ Holdings Pvt. Trust)Indian companies, trusts and others	0.02%	1,34,770	0.00%
Parth JindalIndividuals and Hindu undivided families	0.01%	81,347	0.00%
S K Jindal and Sons Huf .Individuals and Hindu undivided families	0.01%	98,324	0.00%
Abhyuday JindalIndividuals and Hindu undivided families	0.01%	65,431	0.00%
Nirmala GoelIndividuals and Hindu undivided families	0.00%	35,000	0.00%
Jindal Coke LimitedIndian companies, trusts and others	0.00%	6,920	0.00%
R K Jindal & Sons Huf .Individuals and Hindu undivided families	0.00%	41,123	0.00%
SAJJAN JINDAL (AS A TRUSTEE FOR PARTH JINDAL FAMILY TRUST)Indian companies, trusts and others	0.00%	295	0.00%
SAJJAN JINDAL (AS A TRUSTEE FOR SAJJAN JINDAL LINEAGE TRUST)Indian companies, trusts and others	0.00%	295	0.00%
SAJJAN JINDAL (AS A TRUSTEE FOR SANGITA JINDAL FAMILY TRUST)Indian companies, trusts and others	0.00%	295	0.00%
SAJJAN JINDAL (AS A TRUSTEE FOR TANVI JINDAL FAMILY TRUST)Indian companies, trusts and others	0.00%	295	0.00%
SAJJAN JINDAL (AS A TRUSTEE FOR TARINI JINDAL FAMILY TRUST)Indian companies, trusts and others	0.00%	295	0.00%
Tripti Jindal AryaIndividuals and Hindu undivided families	0.00%	36,085	0.00%
Seema JindalIndividuals and Hindu undivided families	0.00%	2,655	0.00%
Tanvi SheteIndividuals and Hindu undivided families	0.00%	35,386	0.00%
Tarini Jindal HandaIndividuals and Hindu undivided families	0.00%	35,400	0.00%
Kamal Kishore BhartiaIndividuals and Hindu undivided families	0.00%	548	0.00%
Jindal United Steel LimitedIndian companies, trusts and others	0.00%	6,920	0.00%

Pledged is the share of the holder's own shares pledged to a lender.

Largest public holders of Jindal Stainless, filing by filing

Per cent, on the same shares as the split above.Mutual funds holding Jindal Stainless

Holder	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
ELM PAPARK FUND LIMITEDForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6.71%	6.71%	6.71%	6.71%	4.84%	4.81%	4.81%	4.80%	4.80%	–	–	4.59%	3.86%	3.86%	3.86%
ALBULA INVESTMENT FUND LTDForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	2.10%	2.10%	2.10%	2.10%	2.10%	2.10%	2.03%	2.03%	1.94%	1.67%	1.67%	1.66%	3.49%	3.49%	3.49%	3.49%	3.49%	3.30%	3.30%	3.02%	2.85%	2.78%	2.59%	2.59%	2.59%	2.59%	2.08%
Life Insurance Corporation of IndiaInsurance companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.24%	1.77%	1.77%	1.77%	1.77%	1.77%	1.59%
Elm Park Fund LimitedForeign portfolio investors, category I	1.96%	4.94%	4.29%	4.29%	4.29%	4.12%	4.12%	4.12%	4.12%	4.12%	4.12%	4.05%	4.05%	4.05%	4.05%	4.05%	4.05%	4.05%	4.05%	3.90%	3.89%	3.73%	3.73%	3.73%	3.73%	–	–	–	–	–	–	–	–	–	4.61%	4.59%	–	–	–	–
BNP PARIBUS FINANCIAL MARKETForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.73%	1.07%	–	–	–	–	–	–	–	–	–	–
HYPNOS FUND LIMITEDForeign portfolio investors, category I	2.58%	4.86%	4.22%	4.22%	4.22%	4.05%	4.04%	4.03%	4.03%	4.03%	4.03%	3.97%	3.97%	3.76%	3.76%	3.76%	3.76%	3.76%	3.76%	3.10%	3.08%	2.95%	2.95%	2.95%	2.95%	4.45%	4.45%	4.41%	1.97%	–	–	–	–	–	–	–	–	–	–	–
KOTAL SPECIAL SITUATIONS FUNDAlternative investment funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.01%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Kotak Special Situation FundAlternative investment funds	–	–	–	–	–	–	–	–	–	–	–	–	–	5.64%	5.82%	5.82%	5.82%	5.82%	3.81%	3.24%	3.24%	3.01%	3.01%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Abu Dhabi Investment Authority - BehaveInstitutions Foreign Portfolio Investor	–	–	–	–	–	–	–	–	–	–	–	–	–	1.17%	1.41%	1.84%	2.05%	1.70%	1.54%	1.09%	1.09%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
STATE BANK OF INDIAFinancial Institution Or Banks	–	–	5.18%	5.18%	5.18%	4.97%	4.97%	4.97%	3.68%	2.72%	2.24%	2.15%	2.15%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
PUNJAB NATIONAL BANKFinancial Institution Or Banks	–	–	1.93%	1.93%	1.93%	1.85%	1.85%	1.74%	1.68%	1.68%	1.68%	1.65%	1.65%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
CITIGROUP GLOBAL MARKETS MAURITIUS PVT LTDInstitutions Foreign Portfolio Investor	2.98%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Vinod Mohan NairOther non-institutions	2.28%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here: each fund's holding is on the Mutual funds tab, from its own portfolio. A dash is a filing that did not name the holder, which includes holding under one per cent.

Who moved in the Sep 2026 filing

Against the Jun 2026 filing. A filing names a public holder only at 1% or more, so a holder no longer named fell under 1% or sold out.

Foreign institutions: ALBULA INVESTMENT FUND LTD 2.08%, −0.51 pts
Indian institutions: Life Insurance Corporation of India 1.59%, −0.18 pts