Jindal Cement Industries Private Limited has increased its stake in Jindal Steel Limited. The acquisition involved 1,88,983 shares, raising Jindal Cement’s total holding to 6,91,937 shares, representing 0.068% of the total share capital. The transaction was executed through an open market purchase on November 18, 2025.
Increased Shareholding
Jindal Cement Industries Private Limited announced an increase in its shareholding in Jindal Steel Limited. The company acquired an additional 1,88,983 shares of Jindal Steel Limited via open market purchase. This acquisition increased Jindal Cement’s influence within the steel manufacturer.
Details of the Acquisition
The acquisition was completed on November 18, 2025. Before this transaction, Jindal Cement held 5,02,954 shares, constituting 0.049% of the total share/voting capital. With the purchase of the additional shares, the total holding now stands at 6,91,937 shares, representing 0.068% of the total share capital.
Impact on Share Capital
The equity share capital/ total voting capital of Jindal Steel Limited before and after the acquisition remains constant at Rs. 1,02,00,88,097 (1,02,00,88,097 equity shares of Re. 1/- each).
Promoter Group Shareholding
Following the acquisition, the total shares held by promoters and promoter groups is detailed in the document. Key shareholders include Naveen Jindal with 81,36,596 shares, Gagan Infraenergy Limited with 4,97,09,952 shares, and Opelina Sustainable Services Private Limited holding 14,70,84,173 shares.
Source: BSE
