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 Pvt Ltd, a promoter group entity of Jindal Steel Ltd, has acquired 61,399 shares (0.006% of total equity) through open market purchase on December 3, 2025. After this acquisition, the entity's holding increased from 24,20,683 shares (0.23%) to 24,82,082 shares (0.24%) of the company. The disclosure was filed under Regulation 29(2) of SEBI Takeover Regulations, and the purchase mode was open market. This is a very small incremental buy by one promoter-group entity; the broader promoter group continues to hold a majority stake in the company.
This is a marginal promoter-group purchase with negligible impact on overall shareholding pattern or stock price. It signals mild promoter confidence but is too small to materially affect control or float.