Damodar Industries confirms no new share encumbrance in FY26
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.

*this image is generated using AI for illustrative purposes only.
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


































