JSW Steel promoter hikes stake for Rs 25 cr

Posted on Jan 15 2014 - 3:45pm by IBC News

New Delhi, Jan 15 JSW Investments, a promoter group firm of JSW Steel, has raised stake in the steel maker by 0.10 per cent to 5.43 per cent for Rs 24.68 crore.

JSW Investments had 5.33 per cent stake or 1.29 crore shares in JSW Steel before the transactions, held on the National Stock Exchange in two tranches, the company said in a regulatory filing today.

JSW Investments had bought 1.5 lakh shares on January 10 for Rs 15.

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