The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jindal Cement Industries Pvt Ltd
JINDALSTEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.8 pts more than Nifty 100 and 0.7 pts more than its Iron & Steel peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Jindal Cement Industries Private Limited, part of the promoter group of Jindal Steel Limited, bought 91,212 equity shares (0.01% of paid-up capital) through open market purchases on November 25, 2025. This takes its total holding in the company from 19,32,149 shares (0.19%) to 20,23,361 shares (0.20%). The acquisition was disclosed to BSE and NSE under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations. No encumbrance was created and the mode of acquisition was purely open market buying.
A small, incremental purchase by a promoter group entity signals ongoing promoter confidence in the company. The size is too small (0.01%) to trigger any SAST takeover threshold or meaningfully affect stock price.