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 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).
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.