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 bought stakeOwnership 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

-1.9%Reaction day

₹1048.90

prior close

₹1049.60

announcement price

In-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)-0.5%-1.5% vs market

Iron & Steel peers, median of 9sector-0.4%-1.5% vs sector

On the reaction day the stock moved 1.5 pts less than Nifty 100 and 1.5 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

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.9-0.5-1.5-0.4-1.5

Next day

-2.9-0.8-2.1-1.8-1.1

-4.3-0.6-3.7-2.3-2.0

-3.9-0.1-3.8-1.9-2.0

-5.1-1.1-4.0-4.4-0.7

-4.6-1.4-3.2-3.9-0.7

-3.5-1.2-2.3-2.9-0.6

15d

-3.3-0.0-3.3-0.3-3.0

+3.0+0.8+2.2+8.9-5.9

+7.9-4.0+11.9+3.6+4.2

+17.9-4.3+22.2+4.0+13.8

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, acquired 1,34,263 equity shares (0.01% of total share capital) through the open market on 27 November 2025. This was a small incremental buy that raised the entity's holding from 20,23,361 shares (0.20%) to 21,57,624 shares (0.21%) of the company. The shares were acquired in cash via open market transactions and no encumbrance or pledge was involved. The disclosure was filed under SEBI's takeover regulations, which require promoter group entities to report acquisitions exceeding 2% in a financial year (or any incremental purchase after crossing earlier thresholds).

Likely market impact

This is a minor, routine promoter group purchase with negligible impact on shareholding pattern or stock price. It signals continued promoter confidence but does not materially change the company's ownership structure.