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

Promoter Stake BuyOwnership Changes View source PDF Explain this filing

JINDALSTEL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.4%Reaction day

₹1018.00

prior close

₹1018.90

announcement price

In-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.2%-1.6% vs market

Iron & Steel peers, median of 9sector-0.6%-0.8% vs sector

On the reaction day the stock moved 1.6 pts less than Nifty 100 and 0.8 pts less than its Iron & Steel peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

+0.2

15m

-0.0

30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.4+0.2-1.6-0.6-0.8

Next day

-1.0+0.7-1.7+0.1-1.1

-2.3-0.3-1.9-2.2-0.1

-1.7-0.6-1.1-2.4+0.7

-1.2-0.9-0.2-2.8+1.6

-0.6-0.4-0.2-1.1+0.5

+1.3+0.2+1.1+2.3-1.0

15d

-3.2+0.3-3.5+1.3-4.5

+6.2+1.3+4.9+8.3-2.1

+14.3-0.5+14.8+8.0+6.3

+14.6-5.2+19.9+5.6+9.0

UpDownMarket · Nifty 100Sector · Iron & Steel peers, median of 9Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Jindal Cement Industries Private Limited, part of the promoter group of Jindal Steel Ltd, bought 1,18,448 shares (0.01% stake) through open market purchases on December 1, 2025. After this acquisition, the entity holds 22,76,072 shares, equivalent to 0.22% of the company's total equity share capital. The total equity capital of Jindal Steel Ltd stands at about 102 crore equity shares of Re. 1 each. The disclosure was filed under SEBI Takeover Regulations and signed by Whole-time Director Deepak Shrivastav on December 3, 2025. This is a small, incremental purchase by a promoter-group company, signalling continued promoter confidence in the company.

Likely market impact

This is a minor promoter-group open-market purchase that is too small to materially affect shareholding or stock price, but it indicates ongoing promoter confidence in Jindal Steel Ltd. Retail investors should view it as a positive sentiment signal rather than a meaningful change in ownership.