Jindal Steel Limited has witnessed another significant acquisition by its promoter group entity, Jindal Cement Industries Private Limited (formerly Jindal Panther Cement Private Limited), which continues to increase its shareholding through strategic open market transactions.

Latest Transaction Details

The most recent disclosure under SEBI takeover regulations reveals that Jindal Cement Industries acquired additional shares on December 8, 2025:

Historical Acquisition Pattern

The December acquisition follows a series of previous transactions by the same promoter group entity throughout November 2025:

Company Structure and Compliance

Jindal Steel Limited maintains its total equity capital at ₹102.01 crores, comprising 1,02,00,88,097 equity shares of Re. 1 each. The company's equity structure remains unchanged despite the ongoing acquisitions by the promoter group.

All transactions have been conducted in full compliance with SEBI substantial acquisition regulations, with proper disclosures made to both BSE Limited and National Stock Exchange of India Limited. Jindal Cement Industries Private Limited, being part of the promoter group, continues to demonstrate confidence in Jindal Steel's prospects through these systematic acquisitions.

Market Implications

The consistent pattern of share acquisitions by the promoter group entity indicates strong internal confidence in the steel manufacturer's business fundamentals and growth prospects. These transactions reflect ongoing changes in the company's shareholding pattern, which investors and market participants continue to monitor closely.

Jindal Steel has announced that Jindal Cement Industries Private Limited has acquired additional shares in the company, resulting in a change in its ownership structure. The acquisition has increased Jindal Cement Industries' stake in Jindal Steel.

Acquisition Details

Jindal Cement Industries Private Limited has purchased 25,23,869 shares of Jindal Steel, representing approximately 0.24% of the total share capital. This acquisition was made through open market transactions.

Impact on Shareholding

Following the latest acquisition, the equity share capital of Jindal Steel remains unchanged at Rs. 1,02,00,88,097, comprising 1,02,00,88,097 equity shares of Re. 1 each. The acquisition by Jindal Cement Industries further increases the promoter and promoter group holdings in the company.

Disclosure and Compliance

In compliance with regulatory requirements, Jindal Cement Industries Private Limited has made the necessary disclosure under SEBI takeover regulations. This disclosure ensures transparency in the company's ownership changes and complies with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Promoter Group Composition

Jindal Cement Industries Private Limited is part of the promoter group of Jindal Steel. The promoter and promoter group of Jindal Steel includes various individuals, trusts, and corporate entities. Some of the significant shareholders in this group include:

Market Implications

While the acquisition by Jindal Cement Industries represents a relatively small percentage of the total share capital, it increases their stake in the promoter group. Investors and market watchers may want to monitor any further developments or changes in the company's ownership structure.