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

-2.7%Reaction day

₹1068.70

prior close

₹1051.40

announcement price

In-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)-0.6%-2.1% vs market

Iron & Steel peers, median of 9sector-2.7%+0.0% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty 100 and in line with 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

+0.2

10m

+0.1

15m

+0.1

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.7-0.6-2.1-2.7+0.0

Next day

-4.7-1.1-3.5-4.0-0.6

-4.5-1.3-3.2-3.6-0.8

-2.7-0.0-2.6-0.8-1.9

-2.6-0.0-2.6-0.9-1.7

-1.8-0.1-1.8-0.4-1.5

-3.8-0.6-3.2-1.1-2.7

15d

-3.7-0.7-3.0-0.6-3.1

-6.2-0.2-6.0-2.3-4.0

-2.1-3.9+1.8-2.0-0.2

+13.8-1.5+15.3+3.9+9.9

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 1,88,983 equity shares in the open market on 18 November 2025. This represents 0.019% of the company's total share capital. Before the acquisition, the entity held 5,02,954 shares (0.049%); after the acquisition, its holding rose to 6,91,937 shares (0.068%). The acquisition was disclosed under SEBI SAST Regulation 29(2) on 20 November 2025. The transaction is small in size and incremental in nature, with no encumbrance or pledge changes involved.

Likely market impact

A modest promoter-group purchase signals continued confidence in the company, but the size is too small (under 0.02%) to meaningfully move the stock or shift promoter control.