Jindal Steel & Power today said that one of its promoter Sun Investment has pledged 1.65 per cent stake of the company for an undisclosed amount.
In a filing to the Bombay Stock Exchange, the company said that its promoter has pledged over 25.50 lakh shares representing 1.65 per cent stake of the company.
Shares of Jindal Steel & Power settled at Rs 1052.45, down 2.19 per cent on the BSE.