Jindal Cement Industries Private Limited has increased its stake in Jindal Steel Limited to 0.044% through an open market purchase on November 14, 2025. The acquisition involved 1,51,649 shares, raising Jindal Cement’s total holding to 4,53,536 shares. This transaction reflects a strategic investment decision by Jindal Cement within the Jindal group companies.
Increased Shareholding in Jindal Steel
Jindal Cement Industries Private Limited announced an increase in its shareholding in Jindal Steel Limited. The company acquired an additional 1,51,649 shares of Jindal Steel through an open market transaction on November 14, 2025. This acquisition has increased Jindal Cement’s stake in Jindal Steel to 0.044% of the total share/voting capital.
Details of the Acquisition
Prior to this acquisition, Jindal Cement held 3,01,887 shares, representing 0.029% of the total share/voting capital. Following the purchase of the additional shares, Jindal Cement now holds a total of 4,53,536 shares, which constitutes 0.044% of the total share/voting capital of Jindal Steel. The acquisition was executed through the open market.
Share Capital Overview
The equity share capital/ total voting capital of Jindal Steel remains at Rs. 1,02,00,88,097 both before and after the acquisition, comprising 1,02,00,88,097 equity shares of Re. 1 each.
Promoter Group Shareholding
The announcement included a list of promoters and promoter group entities holding shares in Jindal Steel Limited as of November 7, 2025. Significant shareholders include Naveen Jindal, Gagan Infraenergy Limited, and Siddheshwari Tradex Private Limited, among others.
Source: BSE
