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

+0.8%Reaction day

₹1041.00

prior close

₹1050.80

announcement price

In-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)-0.0%+0.8% vs market

Iron & Steel peers, median of 9sector+0.0%+0.7% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty 100 and 0.7 pts more 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

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.8-0.0+0.8+0.0+0.7

Next day

+0.8-0.1+0.9-1.0+1.8

-1.2-0.6-0.6-1.4+0.2

-2.2-0.9-1.3-2.3+0.1

-3.6-0.7-2.9-3.3-0.3

-3.2-0.2-3.0-3.0-0.2

-3.9-1.5-2.4-4.5+0.6

15d

-4.7-1.0-3.7-4.5-0.2

-4.9-1.0-3.9+2.5-7.4

+7.8-3.0+10.8+4.1+3.6

+18.8-4.4+23.2+1.8+17.0

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, a part of the promoter group of Jindal Steel Limited, acquired 5,97,759 equity shares (0.05% of total share capital) through open market purchases on November 24, 2025. The disclosure was filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. After the acquisition, Jindal Cement Industries' holding in Jindal Steel rose from 13,34,390 shares (0.13%) to 19,32,149 shares (0.19%). No encumbrance or pledge was created on the acquired shares. The total equity share capital of Jindal Steel remained unchanged at approximately 102 crore equity shares of Re. 1 each.

Likely market impact

Open-market buying by a promoter-group entity is generally viewed as a positive signal of insider confidence in the company, though the incremental stake is small (0.05%) and unlikely to materially move the stock price.