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 bought stakeOwnership 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

+0.2%Reaction day

₹1066.00

prior close

₹1063.20

announcement price

In-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.5%-0.2% vs market

Iron & Steel peers, median of 9sector-0.6%+0.9% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty 100 and 0.9 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

-0.0

15m

-0.2

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.2+0.5-0.2-0.6+0.9

Next day

+0.3+0.9-0.6-0.3+0.5

-2.4+0.3-2.7-3.1+0.6

-4.4-0.2-4.2-4.4-0.0

-4.2-0.4-3.8-3.6-0.6

-2.4+0.8-3.3-1.6-0.9

-1.6+0.8-2.4-1.5-0.1

15d

-5.6-1.0-4.6-6.1+0.4

-6.9-0.1-6.8-5.9-1.1

-1.0-1.3+0.2+1.4-2.5

+12.6-1.6+14.2-0.3+12.9

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, part of the promoter group of Jindal Steel Limited, bought 1,46,025 equity shares (0.014% of total share capital) in the open market on November 13, 2025. This nearly doubled its earlier holding of 1,55,862 shares, taking its post-acquisition stake to 3,01,887 shares (0.029%). The disclosure was filed under SEBI Regulation 29(2) of the Takeover Regulations. While the size is small, it signals continued promoter group confidence and incremental buying in the stock.

Likely market impact

This is a small open-market purchase by a promoter group entity, indicating modest confidence-building buying rather than a strategic stake change. It is unlikely to materially move the stock price, but reflects ongoing promoter group accumulation.