Jindal Cement ups stake in Jindal Steel with open market share purchase

Jindal Cement Industries Private Limited, part of the promoter group, has disclosed an acquisition of 61,399 shares in Jindal Steel Limited. This transaction, executed via an open market purchase on December 3, 2025, increased their total shareholding in Jindal Steel Limited.

Prior to the acquisition, Jindal Cement held 2,420,683 shares, representing 0.23% of the total share/voting capital. Following the acquisition, their holding has increased to 2,482,082 shares, now representing 0.24% of the total share/voting capital.

This disclosure was made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and reported to both BSE Limited and the National Stock Exchange of India Limited. The announcement was signed by Kunal Gurnani, company secretary for Jindal Cement Industries Private Limited.