Damodar Industries Limited promoter Manju Biyani acquired 4,000 equity shares in the open market on September 23, 2026. This transaction increased her holding in the company from 9.983% to 10.00% of the total share capital.

The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The shares were purchased through open market transactions, with no change in the total diluted share capital of the company.

Holding details before and after acquisition

The following table outlines the specific changes in Manju Biyani's shareholding position following the latest purchase:

Regulatory disclosure specifics

The filing confirms that the acquirer belongs to the Promoter group. The total equity share capital of Damodar Industries remained unchanged at 11,65,00,000 shares both before and after the transaction. No shares were encumbered through pledge, lien, or non-disposal undertakings during this period.

What the numbers show

This latest purchase marks a continuation of promoter accumulation. On September 21, 2026, Manju Biyani had already acquired 36,000 shares, raising her stake from 9.828% to 9.983%. The subsequent purchase of 4,000 shares two days later pushed the holding past the psychological and regulatory threshold of 10.00%.

Notably, the previous article highlighted a shift in voting rights composition where warrant holdings were converted to direct equity. In this latest disclosure, the warrant category remains nil, confirming that the recent additions are purely direct equity purchases. The steady increase in direct shareholding without any encumbrances signals strong promoter conviction in the current valuation.

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.