Jindal Cement Industries Private Limited, part of the promoter group, has acquired additional shares of Jindal Steel Limited, increasing its stake by 1,55,862 shares, or 0.01% of the total capital. Following this acquisition, the promoter group now falls under the category of promoter and promoters; group, reinforcing its influence within the company. The acquisition was executed through the open market.
Promoter Group Strengthens Position
Jindal Cement Industries Private Limited, a member of the promoter group, has increased its holding in Jindal Steel Limited (formerly known as Jindal Steel & Power Limited). The acquisition involved 1,55,862 shares. As of November 14, 2025, following this transaction, the acquirer is now categorized as part of the promoter group.
Details of the Acquisition
The company acquired 1,55,862 shares, representing 0.01% of the total share/voting capital. This acquisition occurred through the open market on November 12, 2025.
Impact on Shareholding
Before the acquisition, the promoter group held a certain number of shares. Following this acquisition, the total equity share capital of Jindal Steel Limited remains at Rs. 1,02,00,88,097 (with shares of Rs. 1 each).
Promoter Group Entities
Key entities within the promoter and promoter group include individuals and bodies corporate such as Naveen Jindal, Savitri Devi Jindal, Gagan Infraenergy Limited, and Siddheshwari Tradex Private Limited. These entities collectively contribute to the overall promoter shareholding.
Source: BSE
