Damodar Industries promoter Aman Arun Biyani acquired 36,000 equity shares in the open market on September 21, 2026. This transaction increased his stake in the company to 1.313% of the total share capital.

The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Biyani is part of the promoter group of the company, which is listed on both the BSE and National Stock Exchange of India.

Stake progression

Prior to this transaction, Biyani held 2,70,000 shares, representing 1.159% of the company's voting capital. The recent purchase of 36,000 shares has raised his total holding to 3,06,000 shares. The table below details the change in his ownership position:

Capital structure stability

The equity share capital and total voting capital of Damodar Industries remained unchanged at 11,65,00,000 shares before and after the acquisition. Similarly, the total diluted share/voting capital stood at 11,65,00,000 shares, indicating no dilution or new issuance associated with this secondary market trade.

What the numbers show

The acquisition represents a marginal increase in promoter holding, adding just 0.155% to the existing stake. While the absolute number of shares purchased (36,000) is modest relative to the total capital base of 11.65 crore shares, it reflects continued confidence from the promoter group in the company's stock at current market levels. The mode of acquisition was strictly through the open market, with no involvement of off-market transfers or preferential allotments.

Damodar Industries saw a reduction in promoter holding following the sale of 75,001 equity shares by Calves N Leaves Initiatives Private Limited. The transaction took place in the open market on September 21, 2026.

Calves N Leaves Initiatives Private Limited is identified as a person acting in concert with the promoter and belongs to the promoter group. The disposal reduced its stake in the company from 1.344% to 1.022% of the total share capital.

Transaction details

The sale was executed through the open market mechanism. The acquirer and seller details are as follows:

Holding pattern changes

Prior to the transaction, Calves N Leaves Initiatives Private Limited held 3,13,234 shares, representing 1.344% of the total voting capital. Following the sale of 75,001 shares, the remaining holding stands at 2,38,233 shares.

The table below outlines the pre- and post-transaction holdings:

The total equity share capital of Damodar Industries remained unchanged at 11,65,00,000 shares representing 100.00% of the voting capital before and after the transaction. There were no warrants, convertible securities, or voting rights exercised otherwise than by shares involved in this disclosure.

Regulatory compliance

This disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was signed by Aman Bhanani, Authorized Signatory for Calves N Leaves Initiatives Private Limited.