Jindal Cement Acquisition of Shares in Jindal Steel Limited

Jindal Cement Industries Private Limited has announced the acquisition of additional shares in Jindal Steel Limited (formerly Jindal Steel & Power Limited). This acquisition increases Jindal Cement’s stake in Jindal Steel to 0.049% of the total diluted share/voting capital. The transaction was executed through open market purchases on November 17, 2025.

Share Acquisition Details

Jindal Cement Industries Private Limited has acquired shares in Jindal Steel Limited, as per a disclosure dated November 19, 2025. The acquisition brings Jindal Cement’s total shareholding to 502,954 shares.

Change in Shareholding

Before this acquisition, Jindal Cement held 453,536 shares, representing 0.044% of the total share/voting capital. Following the purchase of an additional 49,418 shares, their holding has increased to 502,954 shares, now representing 0.049% of the total diluted share/voting capital.

Pre and Post Acquisition Capital

The equity share capital/total voting capital of Jindal Steel Limited both before and after the acquisition remains at Rs. 1,02,00,88,097, divided into 1,02,00,88,097 equity shares with a face value of Re. 1 each.

Promoter Group Holding

Following the recent transactions, detailed shareholding patterns of the promoter and promoter group of Jindal Steel Limited have been disclosed, providing a comprehensive overview of the distribution and holdings as of November 14, 2025. Notably, Siddheshwari Tradex Private Limited holds 7.69%, and Virtuous Tradecorp Private Limited holds 6.31% of shares.

Source: BSE

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