Jindal Cement Industries Private Limited has acquired additional shares of Jindal Steel Limited. This acquisition increases Jindal Cement’s holding, reflecting a strategic move within the promoter group. The transaction involves the purchase of 10,500 shares, slightly increasing their stake in Jindal Steel to 0.24% of the total share capital. The acquisition was completed on December 5, 2025, through open market purchases.
Share Acquisition Details
Jindal Cement Industries Private Limited has increased its stake in Jindal Steel Limited through the acquisition of 10,500 shares. The shares were acquired on December 5, 2025.
Impact on Shareholding
Following this transaction, Jindal Cement Industries Private Limited now holds a total of 2,534,369 shares in Jindal Steel Limited. This represents 0.24% of the total share/voting capital of the company.
Transaction Method
The acquisition was executed through open market purchases.
Promoter Group Affiliation
Jindal Cement Industries Private Limited is part of the promoter group of Jindal Steel Limited.
Share Capital Overview
Before and after the acquisition, the total equity share capital and total voting capital of Jindal Steel Limited remains at Rs. 1,02,00,88,097, comprising 1,02,00,88,097 equity shares valued at Re. 1/- each.
Details of Promoters and Promoter Group
The promoter and promoter group consists of several entities and individuals holding significant portions of shares. Some of the major entities include Gagan Infraenergy Limited with 4.87%, Siddheshwari Tradex Private Limited with 7.69% (3.13% shares pledged or otherwise encumbered), and Opelina Sustainable Services Private Limited with 14.42%.
Foreign Promoters
Several foreign promoters also hold shares, including Estrela Investment Company Limited (0.70%), Jargo Investments Limited (0.73%), and Nacho Investments Limited (0.73%), among others.
Source: BSE