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 Private Limited, part of the promoter group of Jindal Steel Limited, bought 2,43,346 equity shares (0.02% of paid-up capital) through the open market on December 10, 2025. After this purchase, the entity's holding increased from 30,82,831 shares (0.30%) to 33,26,177 shares (0.32%) of the company. The disclosure has been filed under Regulation 29(2) of SEBI's Takeover Regulations. The filing also includes a detailed list of all promoters and promoter group members of Jindal Steel Limited along with their individual shareholdings and pledged shares as on December 5, 2025.
This is a small incremental promoter group purchase of just 0.02%, suggesting promoter confidence in the company. The size of the acquisition is too modest to materially affect the stock price or promoter shareholding thresholds, and is largely a routine regulatory disclosure.