Damodar Industries confirms no new share encumbrance in FY26

2 min read     Updated on 10 Jun 2026, 04:48 AM
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Damodar Industries disclosed to BSE and NSE on April 7, 2026, that no new encumbrance was created on its shares in FY26, apart from 49,40,000 equity shares previously disclosed. The filing, signed by Promoter Aditya Biyani, complies with SEBI Takeover Regulations and lists 16 promoters and promoter group members.

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Damodar Industries has confirmed that no new encumbrance was created on its shares during the financial year ending March 31, 2026, apart from the 49,40,000 equity shares already disclosed to the stock exchanges. The declaration was submitted to BSE Limited and the National Stock Exchange of India Limited on April 7, 2026, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires listed companies to disclose any encumbrance on shares held by promoters to ensure transparency for shareholders.

The disclosure was made on behalf of the promoters and the promoter group of Damodar Industries. The document explicitly states that no other encumbrance has been made directly or indirectly during the specified financial year. The filing was signed by Aditya Biyani, identified as a Promoter, and addressed to the Manager-CRD at BSE and the Corporate Relation Department at NSE.

The company provided a comprehensive list of its promoters and promoter group members as part of the filing. The list categorizes individuals and entities into 'Promoter' and 'Promoter Group' classifications, though PAN numbers were not included in the public document.

Promoter and Promoter Group Details

Sr No Name of Promoters Category Pan No of Promoters
1 Arun Kumar Biyani Promoter
2 Anil D. Biyani Promoter
3 Ajay D Biyani Promoter
4 Manju Biyani Promoter Group
5 Sanju A. Biyani Promoter Group
6 Arun Kumar Biyani (Huf) Promoter Group
7 Aditya Biyani Promoter Group
8 Aman Biyani Promoter Group
9 Bhawna A. Biyani Promoter Group
10 Ajay D. Biyani (Huf) Promoter Group
11 Payal A Biyani Promoter Group
12 Damodarlal Biyani ( H.U.F) Promoter Group
13 Akshay Anil Biyani Promoter Group
14 Suam Overseas Pvt. Ltd. Promoter Group
15 Calves N Leaves Initiatives Private Limited Promoter Group
16 Damosuam Carriers Private Limited Promoter Group

The filing was copied to the Audit Committee and the Company Secretary of Damodar Industries. The company operates in the textile sector, engaging in spinning, fancy yarns, weaving, and processing, with its registered office located in Worli, Mumbai.

Historical Stock Returns for Damodar Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-4.11%+4.12%+7.91%+1.93%-17.27%-11.39%

Does the absence of new encumbrances indicate that Damodar Industries is reducing its reliance on promoter-backed debt for future expansion?

How might the current level of existing encumbrance on promoter shares impact the company's ability to raise fresh capital in the textile sector?

Will the company maintain this conservative financial stance regarding share pledging amidst potential volatility in the textile market?

Calves N Leaves reduces stake in Damodar Industries to 1.346%

1 min read     Updated on 02 Jun 2026, 03:40 PM
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Calves N Leaves Initiatives Private Limited reduced its stake in Damodar Industries Limited by selling 2,500 shares via an open market transaction on June 01, 2026. The shareholding decreased from 1.357% to 1.346%, with the total equity capital remaining at 11,65,00,000 shares.

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Calves N Leaves Initiatives Private Limited has reduced its shareholding in Damodar Industries Limited through an open market transaction on June 01, 2026. The acquirer sold 2,500 equity shares, representing 0.011% of the target company's total share capital. The transaction was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Prior to this sale, Calves N Leaves Initiatives Private Limited held 3,16,104 shares, accounting for 1.357% of Damodar Industries Limited. Following the disposal of 2,500 shares, the acquirer's total holding stands at 3,13,604 shares. This revised stake constitutes 1.346% of the company's total paid-up voting capital.

The equity shares of Damodar Industries Limited are listed on BSE Limited and the National Stock Exchange of India Limited. The total equity share capital of the target company remains unchanged at 11,65,00,000 shares before and after the transaction.

Transaction Details

The disclosure provides a breakdown of the shareholding changes before and after the transaction:

Metric Shares Held % of Share Capital % of Diluted Share Capital
Holding Before Sale
Shares carrying voting rights 3,16,104 1.357% 1.357%
Sale Details
Shares sold 2,500 0.011% 0.011%
Holding After Sale
Shares carrying voting rights 3,13,604 1.346% 1.346%

The acquirer confirmed that it belongs to the promoter group of Damodar Industries Limited. The transaction was executed via the open market route on June 01, 2026. Aditya Biyani signed the disclosure as the authorized signatory for Calves N Leaves Initiatives Private Limited.

Historical Stock Returns for Damodar Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-4.11%+4.12%+7.91%+1.93%-17.27%-11.39%

Does this sale signal the beginning of a broader divestment strategy by the promoter group for Damodar Industries?

How might the open market sale impact investor sentiment regarding the promoters' confidence in the company's future performance?

Are there plans for Calves N Leaves Initiatives to further reduce its stake in the near term?

More News on Damodar Industries

1 Year Returns:-17.27%