Jindal Cement Industries Private Limited has increased its stake in Jindal Steel Limited through the acquisition of additional shares. The transaction, completed on November 24, 2025, involved acquiring 5,97,759 shares, raising the acquirer’s total holding to 19,32,149 shares, representing 0.19% of the total share capital. This move signals a strengthening of the acquirer’s position within Jindal Steel.
Share Acquisition Details
Jindal Cement Industries Private Limited has acquired additional shares of Jindal Steel Limited (formerly known as Jindal Steel & Power Limited) via open market purchase on November 24, 2025.
Increased Holding
Following this transaction, Jindal Cement Industries Private Limited now holds 19,32,149 shares in Jindal Steel Limited. This constitutes approximately 0.19% of the total share/voting capital. The acquired shares amount to 5,97,759, representing 0.05% of the total capital.
Pre-Acquisition Holding
Prior to this acquisition, the acquirer held 13,34,390 shares, which amounted to 0.13% of the total share/voting capital.
Details of the Acquiring Group
The acquirer, Jindal Cement Industries Private Limited, is part of the Promoter group of Jindal Steel Limited.
Source: BSE