Jindal Cement Industries Private Limited has increased its stake in Jindal Steel Limited (formerly Jindal Steel & Power Limited) through an open market purchase. The acquisition involved 1,18,448 shares, raising Jindal Cement’s holding to 22,76,072 shares, representing 0.22% of the total share/voting capital. The transaction was executed on December 1, 2025.
Jindal Cement Increases Holding
Jindal Cement Industries Private Limited, part of the promoter group, has acquired additional shares of Jindal Steel Limited. This acquisition was made through the open market, increasing Jindal Cement’s overall stake in the company.
Details of the Acquisition
On December 1, 2025, Jindal Cement Industries Private Limited acquired 1,18,448 shares of Jindal Steel Limited. This purchase has increased their total holding to 22,76,072 shares, which now represents 0.22% of the total share/voting capital of Jindal Steel Limited. Prior to this acquisition, Jindal Cement held 21,57,624 shares, or 0.21%.
Stakeholder Details
The acquirer, Jindal Cement Industries Private Limited, is part of the Promoter group of Jindal Steel Limited. This transaction reflects a continued investment and confidence in Jindal Steel Limited’s performance and future prospects.
Source: BSE