Damodar Industries promoter Aman Arun Biyani acquires 36,000 shares
- Promoter Aman Arun Biyani acquired 36,000 equity shares on September 21, 2026
- Stake in Damodar Industries increased to 1.313% from 1.159%
- Transaction executed via open market under SEBI Regulation 29(2)
- Total holding rose to 3,06,000 shares out of 11.65 crore total capital

*this image is generated using AI for illustrative purposes only.
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:
| Particulars | Before Acquisition | Acquisition | After Acquisition |
|---|---|---|---|
| Number of shares | 2,70,000 | 36,000 | 3,06,000 |
| % of total share capital | 1.159% | 0.155% | 1.313% |
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.
Historical Stock Returns for Damodar Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.07% | +0.78% | -3.72% | +0.56% | -18.96% | 0.0% |
How might this incremental promoter buying influence institutional investor sentiment toward Damodar Industries in the coming quarter?
Are there specific upcoming operational milestones or earnings reports that could justify the promoter's decision to increase their stake at current market levels?
What is the current trajectory of the overall promoter group's holding, and is there a strategic intent to consolidate control further?


































