Jindal Cement Industries Private Limited, a promoter entity of Jindal Steel & Power, has increased its stake in the company by acquiring 61,399 shares on December 3, 2025. This acquisition represents a 0.006% increase in total share capital, bringing their total holding to 24,82,082 shares, or 0.24% of the total share/voting capital. The shares were acquired through an open market purchase.
Promoter Entity Increases Holding
Jindal Cement Industries Private Limited, a part of the promoter group of Jindal Steel & Power (JSP), has increased its stake in the company through a recent share acquisition. On December 3, 2025, the promoter entity acquired an additional 61,399 shares of JSP.
Details of the Transaction
The acquisition increased Jindal Cement Industries’ holding from 24,20,683 shares to 24,82,082 shares. This represents an increase from 0.23% to 0.24% of the total share/voting capital of Jindal Steel & Power. The shares were acquired through an open market purchase.
Promoter Group Holdings
As of November 28, 2025, the promoter and promoter group collectively held a significant portion of Jindal Steel & Power. Key entities within the promoter group include Naveen Jindal holding 81,36,596 shares (0.80%), PR Jindal HUF with 18,04,230 shares (0.18%), and various investment companies such as Opelina Sustainable Services Private Limited holding 14,70,84,173 shares (14.42%). These holdings reflect the substantial involvement and confidence of the promoter group in the company.
Source: BSE
