Calves N Leaves Initiatives Private Limited has increased its shareholding in Damodar Industries Limited through an open market acquisition. The transaction involved the purchase of 1,611 equity shares, representing 0.007% of the target company's total share capital. The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Prior to this acquisition, Calves N Leaves Initiatives Private Limited held 3,17,715 shares, accounting for 1.364% of Damodar Industries Limited. Following the purchase of 1,611 shares, the acquirer's total holding stands at 3,16,104 shares. This revised stake constitutes 1.357% of the company's total paid-up voting capital.

The equity shares of Damodar Industries Limited are listed on BSE Limited and the National Stock Exchange of India Limited. The total equity share capital of the target company remains unchanged at 11,65,00,000 shares before and after the transaction.

Acquisition Details

The disclosure provides a breakdown of the shareholding changes before and after the transaction:

The acquirer confirmed that it belongs to the promoter group of Damodar Industries Limited. The acquisition was executed via the open market route on May 27, 2026. Aditya Biyani signed the disclosure as the authorized signatory for Calves N Leaves Initiatives Private Limited.

Damodar Industries Limited convened a meeting of its Board of Directors on Friday, May 15, 2026, at its registered office located at 19/22 & 27/30, Madhu Corporate Park, A Wing, Ground Floor, Pandurang Budhkar Marg, Worli, Mumbai – 400 013. The meeting commenced at 3:00 P.M. and concluded at 5:30 P.M., during which the Board deliberated upon and approved several significant corporate matters in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Audited Financial Results for FY26 Approved

In accordance with Regulation 33 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board approved the audited financial results for the quarter and year ended March 31, 2026, along with the statement of Assets and Liabilities for the year ended March 31, 2026. The following documents were enclosed as part of the regulatory submission:

• Audited Financial Results for the quarter and year ended March 31, 2026, and statement of Assets and Liabilities for the year ended March 31, 2026
• Audited Report on the Audited Financial Results issued by M/s Devpura Navlakha & Co., Statutory Auditors of the Company
• Declaration for the unmodified Auditor's Report

The Board also approved the Board Report along with its annexures as part of the annual compliance process.

Key Corporate Decisions at a Glance

The following table summarises the key decisions taken at the Board meeting held on May 15, 2026:

Cost Auditor Appointment for FY 2026-2027

The Board appointed M/s Dilip M. Bathija (FRN - 100106) as Cost Auditor for the Financial Year 2026-2027. The remuneration of the Cost Auditor has been ratified by the Board, subject to the approval of the shareholders at the forthcoming Annual General Meeting.

38th Annual General Meeting Scheduled

The Board approved the convening of the 38th Annual General Meeting of the Company on Saturday, August 08, 2026. In connection with the AGM, the register of members and share transfer books of the Company will remain closed from Tuesday, August 04, 2026 to Saturday, August 08, 2026, with both days inclusive. The results are to be published in newspapers as per the requirements of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was signed by Arunkumar Biyani, Chairman and Whole-time Director (DIN: 00016519), on behalf of Damodar Industries Limited.