Jindal Cement Increases Stake to 0.32% in Jindal Steel Through Market Purchase

Jindal Steel Limited has been the subject of continued acquisition activity by Jindal Cement Industries Private Limited, with the latest regulatory filing showing an increased stake following additional open market purchases.

Latest Acquisition Details

Jindal Cement Industries Private Limited (formerly known as Jindal Panther Cement Private Limited) completed another acquisition of Jindal Steel Limited shares through open market transactions. The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Parameter	Details
Latest Shares Acquired	2,44,000 equity shares
Mode of Acquisition	Open Market
Share Value	Re. 1/- each

Updated Shareholding Position

Following the recent acquisition, Jindal Cement Industries' total holding in Jindal Steel has increased to 0.32% of the company's share capital.

Shareholding Summary	Current Position
Total Shares Held	33,26,000 equity shares
Percentage Holding	0.32%

Company Structure and Compliance

The acquisition involves companies within the Jindal group structure, with Jindal Cement Industries being part of the promoter group and acting in concert with other promoter entities. The company maintains its registered office at DSM 648, 6th Floor, DLF Towers, Shivaji Marg, Najafgarh Road, Moti Nagar, Delhi-110015.

The regulatory disclosure was made to both BSE Limited and National Stock Exchange of India Limited as mandated under SEBI regulations.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.64%	+2.25%	-4.67%	+9.63%	+2.92%	+291.00%

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:

Parameter:	Details
Shares Acquired:	28,14,932
Percentage of Total Equity:	0.27%
Transaction Date:	December 8, 2025
Mode of Acquisition:	Open Market

Historical Acquisition Pattern

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

Date:	Shares Acquired:	Percentage:
December 8, 2025	28,14,932	0.27%
November 27, 2025	21,57,624	0.21%
November 21, 2025	13,34,390	0.13%
November 20, 2025	28,52,800	0.28%
November 14, 2025	4,53,536	0.04%
November 13, 2025	3,01,887	0.03%

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.