Damodar Industries Limited promoter Arun Kumar Biyani acquired 1,20,000 equity shares via inter-se transfer on September 28, 2026. This transaction increased his holding in the company to 35.127% of the 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 transaction, Biyani held 80,64,500 shares, representing 34.612% of the company's voting capital. The mode of acquisition was explicitly recorded as an inter-se transfer, indicating a movement of shares within the promoter group or related entities rather than an open market purchase.

Post-acquisition holding structure

Following the transfer, the promoter's total holding stands at 81,84,500 shares. The table below details the change in ownership structure:

The total equity share capital of the company remained unchanged at 11,65,00,000 shares. Consequently, the diluted share capital also remained constant, ensuring that the percentage increase reflects only the redistribution of existing shares among holders.

What the Numbers Show

The marginal increase of 0.515% in promoter holding through an inter-se transfer suggests a consolidation of stakes within the promoter group rather than a fresh infusion of capital from external sources. Since the total share capital did not change, this move does not dilute other shareholders but slightly strengthens the promoter's voting control relative to the public float.

Damodar Industries Limited promoter Manju Biyani increased her shareholding to 18.58% following the acquisition of 20,00,000 equity shares via inter-se transfer on September 28, 2026.

The transaction was executed as an inter-se transfer, a mode of acquisition that does not involve open market purchases or preferential allotments. This movement reflects internal adjustments within the promoter group rather than external capital infusion or dilution of existing shareholders' stakes.

Pre- and Post-Acquisition Holdings

Prior to this transaction, Manju Biyani held 23,30,000 shares, constituting 10.00% of the company's total voting capital. The acquisition of an additional 20,00,000 shares, representing 8.584% of the total diluted share/voting capital, raised her total holding to 43,30,000 shares.

Regulatory Disclosure Details

The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that the acquirer belongs to the Promoter/Promoter group category. The total equity share capital and total voting capital of the target company remained unchanged at 11,65,00,000 shares (100.00%) before and after the said acquisition.

What the Numbers Show

The increase in Manju Biyani's stake from 10.00% to 18.584% represents a significant consolidation of promoter control without altering the company's total outstanding share count. Since the mode of acquisition was an inter-se transfer, the transaction implies a reallocation of existing shares among promoters or persons acting in concert, rather than new issuance or market purchase. The total diluted share capital remains constant at 11,65,00,000, indicating no change in the overall capital structure for minority shareholders.