Jindal Cement Industries Private Limited has announced an acquisition of shares in Jindal Steel Limited. The acquisition involves 2,43,346 shares, increasing Jindal Cement’s total holding to 33,26,177 shares, representing 0.32% of the total share/voting capital. This transaction was executed through the open market, as per a disclosure dated December 12, 2025.
Share Acquisition Details
Jindal Cement Industries Private Limited has acquired 2,43,346 shares of Jindal Steel Limited via open market purchase. Following this acquisition, the total shares held by Jindal Cement Industries Private Limited in Jindal Steel Limited have increased to 33,26,177.
Updated Holdings
The acquisition has increased Jindal Cement Industries Private Limited’s shareholding in Jindal Steel Limited to 0.32% of the total share/voting capital. The transaction was completed on December 10, 2025.
Promoter Group Update
The acquirer, Jindal Cement Industries Private Limited, is part of the promoter group of Jindal Steel Limited. Other entities within the promoter group include individuals, HUFs, trusts, and body corporates as of December 5, 2025.
Key Promoter Group Entities
Key entities within the promoter group include:
- Naveen Jindal: Holding 81,36,596 shares.
- Gagan Infraenergy Limited: Holding 4,97,09,952 shares.
- Siddheshwari Tradex Private Limited: Holding 7,84,84,924 shares.
- Opelina Sustainable Services Private Limited: Holding 14,70,84,173 shares.
Source: BSE