Jindal Power increases stake in Jindal Steel & Power

Jindal Power Limited announced an acquisition of 1,68,680 equity shares of Jindal Steel & Power Limited (BSE:JINDALSTEL) on February 27, 2025, increasing its total holding to 1,00,00,000 shares. This acquisition represents 0.02% of the total share/voting capital and diluted share/voting capital of Jindal Steel & Power, raising Jindal Power's stake to 0.98%. The acquisition was executed through open market transactions. Before this acquisition, Jindal Power held 98,31,320 shares representing 0.96% of the company. The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.