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
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Jindal Cement Industries Private Limited (part of the promoter group of Jindal Steel Limited) acquired 28,526 equity shares of Jindal Steel Limited through open market purchases on November 20, 2025. Prior to this acquisition, the entity held 8,08,527 shares (0.08% of total share capital); after the purchase, its holding rose marginally to 8,37,053 shares, still at 0.08% of the equity capital. The total share capital of Jindal Steel stands at approximately 102 crore equity shares of Re. 1 each. This is a routine disclosure filed by a promoter-group entity for a small open-market acquisition.
The acquisition is extremely small in size (rounded to 0.00% of share capital) and unlikely to have any meaningful impact on the stock price or promoter shareholding profile. It signals minor promoter-group confidence but is too small to materially affect shareholder or market sentiment.