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 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

+1.7%Reaction day

₹1012.00

prior close

₹1024.30

announcement price

In-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.6%+1.1% vs market

Iron & Steel peers, median of 9sector+2.1%-0.4% vs sector

On the reaction day the stock moved 1.1 pts more than Nifty 100 and 0.4 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

-0.1

10m

-0.1

15m

-0.1

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.7+0.6+1.1+2.1-0.4

Next day

+1.9+0.6+1.3+2.1-0.3

-0.2-0.0-0.2+0.0-0.2

-1.4-0.2-1.2+0.4-1.8

-2.7-0.3-2.4-1.8-0.9

-2.0+0.3-2.3-1.0-0.9

+0.2+1.2-1.0+2.7-2.5

15d

+6.8+1.7+5.1+10.3-3.5

+1.1-0.2+1.2+3.6-2.5

+18.6+0.2+18.5+6.1+12.6

+20.9-7.7+28.6-0.2+21.1

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 (formerly Jindal Panther Cement Pvt Ltd), part of the promoter group of Jindal Steel Limited, acquired 2,67,899 equity shares (0.03% of total share capital) through open market purchases on December 9, 2025. The acquisition increased the entity's holding from 28,14,932 shares (0.27%) to 30,82,831 shares (0.30%) of Jindal Steel. The disclosure is filed under Regulation 29(2) of the SEBI Takeover Regulations, which mandates reporting by entities of promoter/promoter group when acquiring shares. Jindal Steel's total equity share capital remains unchanged at approximately 102 crore equity shares of Re. 1 each.

Likely market impact

This is a small open-market purchase by a promoter group entity, signalling continued promoter confidence in the company. The marginal increase of 0.03% is unlikely to materially impact stock price but reflects steady promoter-group accumulation within regulatory limits.