Jindal Cement Industries Private Limited has increased its stake in Jindal Steel Limited through an open market purchase. The acquisition involved 41,787 shares, raising Jindal Cement’s total holding to 25,23,869 shares, representing 0.24% of the total share/voting capital. The transaction was executed on December 4, 2025.
Stake Acquisition Details
Jindal Cement Industries Private Limited has acquired an additional 41,787 shares of Jindal Steel Limited via open market purchase, according to a disclosure dated December 8, 2025. As a result, the acquirer’s total shareholding in Jindal Steel Limited has increased.
New Shareholding
Following the acquisition, Jindal Cement Industries Private Limited now holds 25,23,869 shares in Jindal Steel Limited. This represents 0.24% of the total share/voting capital of the company.
Details of Share Capital
The equity share capital/ total voting capital of Jindal Steel Limited before and after the acquisition remains unchanged at Rs. 1,02,00,88,097. The acquisition was completed on December 4, 2025.
Promoter Group Holding
The acquirer, Jindal Cement Industries Private Limited, is part of the promoter group of Jindal Steel Limited. A list of other entities that are part of the promoter group has been disclosed.
Source: BSE
