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

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▲ 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

+0.0%Reaction day

₹1068.40

prior close

₹1066.30

announcement price

In-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.4%-0.4% vs market

Iron & Steel peers, median of 9sector-0.2%+0.3% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty 100 and 0.3 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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+0.1

15m

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30m

+0.7

Sessions after the filingfrom the prior close

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Reaction day

+0.0+0.4-0.4-0.2+0.3

Next day

-2.7-0.2-2.5-2.8+0.1

-4.6-0.7-3.9-4.4-0.2

-4.4-0.9-3.6-3.4-1.1

-2.7+0.4-3.1-0.7-2.0

-2.6+0.4-3.0-0.9-1.7

-1.8+0.3-2.1-1.8-0.0

15d

-5.3-0.9-4.4-3.9-1.4

-6.2+0.2-6.4-2.7-3.5

-2.7-3.2+0.5-1.9-0.8

+13.7-1.6+15.2+1.3+12.3

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 Pvt Ltd, a promoter-group entity of Jindal Steel Ltd, bought 49,418 shares (0.005% of total equity) through open market purchases on November 17, 2025. The acquisition lifted its holding from 4,53,536 shares (0.044%) to 5,02,954 shares (0.049%). The total equity capital of Jindal Steel remains at 1,02,00,88,097 shares of Re. 1 each. The filing is a routine SEBI SAST Regulation 29(2) disclosure triggered because the acquirer is part of the promoter group. The promoter group as a whole continues to hold a majority stake in the company.

Likely market impact

A marginal incremental purchase by a promoter-group entity — too small to materially affect shareholding structure or stock price, but it signals continued promoter-group confidence in the company.