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

+0.6%Reaction day

₹1006.00

prior close

₹1010.50

announcement price

In-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.5%+0.1% vs market

Iron & Steel peers, median of 9sector+0.9%-0.3% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty 100 and 0.3 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

-0.4

10m

-0.5

15m

-0.2

30m

-0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.6+0.5+0.1+0.9-0.3

Next day

+2.3+1.2+1.1+3.2-0.9

+2.5+1.1+1.4+2.3+0.2

+0.4+0.5-0.1+1.1-0.7

-0.8+0.3-1.1-0.1-0.7

-2.1+0.2-2.3-0.8-1.3

-0.4+1.7-2.0+1.6-1.9

15d

+7.4+2.5+4.8+12.8-5.5

+1.7+0.4+1.3+4.6-3.0

+18.4+1.3+17.1+7.7+10.6

+17.8-6.4+24.2+1.7+16.1

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, a part of the promoter group of Jindal Steel Limited, acquired 2,80,563 equity shares (0.03% of total share capital) through open market on December 8, 2025. The acquisition was made on the BSE and NSE, where Jindal Steel's shares are listed. After this purchase, Jindal Cement Industries' holding in Jindal Steel increased from 25,34,369 shares (0.24%) to 28,14,932 shares (0.27%). The total equity share capital of Jindal Steel remains at 1,02,00,88,097 shares of Re. 1 each. The mode of acquisition was purely open market purchase, with no encumbrance or pledge involved.

Likely market impact

This is a small open market purchase by a promoter group entity, indicating mild promoter confidence in the company. The 0.03% incremental stake is too small to materially affect shareholding pattern or trigger any takeover thresholds, so it is largely a routine regulatory disclosure with minimal price impact.