Jindal Cement Industries Private Limited has disclosed its acquisition of shares in Jindal Steel Limited. The acquisition, completed on November 21, 2025, involved 4,97,337 shares, increasing Jindal Cement’s total holding to 13,34,390 shares, representing 0.13% of the total share/voting capital. The shares were acquired through open market purchases.
Share Acquisition Details
Jindal Cement Industries Private Limited has announced the acquisition of shares in Jindal Steel Limited. The transaction took place on November 21, 2025, through open market purchases.
Impact on Shareholding
The acquisition involved 4,97,337 shares. Following this transaction, Jindal Cement’s holding in Jindal Steel Limited has increased to 13,34,390 shares, which represents 0.13% of the total share/voting capital.
Pre and Post Acquisition Holdings
Before the acquisition, Jindal Cement held 8,37,053 shares, amounting to 0.08% of the total share/voting capital. After the acquisition, the holding increased to 13,34,390 shares, maintaining 0.13% of the total share/voting capital.
Promoter Group Details
The acquirer, Jindal Cement Industries Private Limited, is part of the promoter group of Jindal Steel Limited.
Share Capital
The equity share capital/ total voting capital of Jindal Steel Limited before and after the acquisition remains at Rs. 1,02,00,88,097.
Additional Promoter Group Information
Key members and entities within the promoter group include Naveen Jindal, Abhyuday Jindal, Sushil Bhuwalka, and various investment companies such as Gagan Infraenergy Limited and Siddheshwari Tradex Private Limited.
Source: BSE