Damodar Industries promoter Aman Arun Biyani acquires 36,000 shares

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Reviewed by
Naman SScanX News Team
Key Highlights
  • 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
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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 Day5 Days1 Month6 Months1 Year5 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?

Calves N Leaves sells 75,001 Damodar Industries shares

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Calves N Leaves Initiatives Private Limited sold 75,001 shares on September 21, 2026
  • Stake in Damodar Industries reduced from 1.344% to 1.022%
  • Transaction executed through open market mode
  • Promoter group entity holds 2,38,233 shares post-disposal
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Damodar Industries saw a reduction in promoter group holding after Calves N Leaves Initiatives Private Limited disposed of 75,001 equity shares. The transaction occurred via open market sale on September 21, 2026.

Calves N Leaves Initiatives Private Limited is classified as a member of the Promoter and Promoter group. Prior to this disposal, the entity held 3,13,234 shares, representing 1.344% of the company's total voting capital. The sale reduced its stake by 0.322%.

Post-transaction holding details

Following the disposal, Calves N Leaves Initiatives Private Limited retains a holding of 2,38,233 shares. This corresponds to 1.022% of the total diluted share and voting capital of Damodar Industries. The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Metric Before Disposal After Disposal Change
Number of Shares 3,13,234 2,38,233 -75,001
% of Voting Capital 1.344% 1.022% -0.322%

The total equity share capital of Damodar Industries remains unchanged at 11,65,00,000 shares, representing 100.00% of the voting capital both before and after the transaction. There were no encumbered shares or warrants involved in this specific disclosure.

Historical Stock Returns for Damodar Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.07%+0.78%-3.72%+0.56%-18.96%0.0%

What specific operational or financial factors at Damodar Industries might have triggered the promoter group's decision to reduce their stake in the open market?

How will the reduced promoter holding impact the company's corporate governance perception and institutional investor confidence in the near term?

Are there indications of further divestment plans by Calves N Leaves Initiatives Private Limited or other promoter entities to meet SEBI's minimum public shareholding norms?

More News on Damodar Industries

1 Year Returns:-18.96%