Jindal Cement Industries Private Limited, part of the promoter group of Jindal Steel & Power, has acquired additional shares, increasing its stake by 0.01%. This acquisition involved 134,263 shares through open market purchases. Following this transaction, the total shareholding of the promoter group stands at 0.21% of the total share/voting capital of the company, reflecting a continued investment by key stakeholders.
Increased Promoter Holdings
Jindal Cement Industries Private Limited, a member of the promoter group, has acquired 134,263 shares of Jindal Steel & Power Limited. This acquisition was executed through the open market.
Details of the Acquisition
The acquisition, completed on November 27, 2025, has increased the promoter group’s holding to 21,57,624 shares, representing 0.21% of the total share/voting capital. The total diluted share/voting capital of Jindal Steel & Power remains at Rs. 1,02,00,88,097 after the acquisition.
Promoter Group Shareholding Structure
As of November 21, 2025, the promoter and promoter group collectively hold a significant portion of the company’s shares, with various entities and individuals contributing to the overall shareholding. Key entities with notable shareholdings include:
- Naveen Jindal: 81,36,596 shares
- Gagan Infraenergy Limited: 4,97,09,952 shares
- Opelina Sustainable Services Private Limited: 14,70,84,173 shares
- Siddheshwari Tradex Private Limited: 7,84,84,924 shares
- Virtuous Tradecorp Private Limited: 6,43,95,867 shares
Source: BSE