JINDALSTELBSEJindal Steel LtdHighPositive
Announced Fri, 21 Nov · 11:26 IST

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

JINDALSTEL · price

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

Price reaction · full curve

Awaiting price reaction for this filing.

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.