Jindal Cement Acquisition of Shares in Jindal Steel Limited

Jindal Cement Industries Private Limited has acquired additional shares in Jindal Steel Limited, increasing its holding by 1,16,590 shares. This acquisition represents a 0.011% increase in the total share/voting capital of Jindal Steel Limited. Following the acquisition, Jindal Cement’s total holding amounts to 8,08,527 shares, equivalent to 0.079% of the total share/voting capital.

Share Acquisition Overview

Jindal Cement Industries Private Limited has announced the acquisition of additional shares in Jindal Steel Limited, formerly known as Jindal Steel & Power Limited. The acquisition, completed on November 19, 2025, increases Jindal Cement’s stake in the company.

Details of the Transaction

The company acquired 1,16,590 shares of Jindal Steel Limited, representing 0.011% of the total share/voting capital. The acquisition was executed through the open market.

Post-Acquisition Holding

Following the acquisition, Jindal Cement Industries Private Limited now holds a total of 8,08,527 shares in Jindal Steel Limited, which amounts to 0.079% of the total share/voting capital.

Promoter Group Details

The document provided a list of promoters and promoter group holdings as of November 14, 2025, detailing their respective stakes in Jindal Steel Limited. Key individual promoters include Naveen Jindal, holding 81,36,596 shares, and Savitri Devi Jindal with 11,16,540 shares. Additionally, various trusts and body corporates within the promoter group hold significant portions of the company’s shares.

Source: BSE

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