Damodar Industries Limited's promoter group has disclosed the acquisition of additional equity shares through open market purchase, as per the regulatory filing under SEBI's substantial acquisition norms. The transaction represents a marginal increase in the promoter group's collective shareholding in the company.

Transaction Details

The promoter group acquired 5,000 equity shares on January 30, 2026, through open market purchase. This acquisition represents 0.02% of the company's total share capital and voting rights.

Shareholding Pattern Changes

Following the acquisition, the promoter group's shareholding pattern has been updated to reflect the increased stake in the company.

Promoter Group Composition

The acquisition involves multiple entities within the promoter group, demonstrating coordinated action among family members and related entities:

• Arun Kumar Biyani
• Anil D. Biyani
• Ajay D Biyani
• Manju Biyani
• Arun Kumar Biyani (HUF)
• Aditya Biyani
• Aman Biyani
• Bhawna A. Biyani
• Ajay D. Biyani (HUF)
• Payal A Biyani
• Damodarlal Biyani (H.U.F)
• Akshay Anil Biyani
• Sanju A. Biyani

Company Capital Structure

The company's equity share capital remains unchanged at ₹11,65,00,000, representing 100.00% of the total voting capital. The total diluted share capital also stands at the same level, indicating no outstanding convertible instruments or warrants that could affect the shareholding calculations.

The disclosure was signed by Arun Kumar Biyani on February 2, 2026, from Mumbai, fulfilling the regulatory requirements under Regulation 29 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Damodar Industries Limited shares are listed on both BSE Limited and NSE India.

Damodar Industries Limited has announced the results of its postal ballot process that concluded on January 22, 2026, submitting the scrutinizer's report and voting outcomes to stock exchanges in compliance with Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot Process Details

The company conducted the postal ballot through remote e-voting facilitated by Link Intime. The voting process commenced on December 24, 2025, at 9:00 AM and concluded on January 22, 2026, at 5:00 PM. Vishal N. Manseta, a practicing company secretary, served as the scrutinizer for the process, having been appointed by the Board of Directors through a resolution dated November 28, 2025.

Resolution Outcomes

The postal ballot addressed four special resolutions related to board appointments and remuneration matters. The voting results showed mixed outcomes, with three resolutions failing to achieve the required majority while one was successfully passed.

Key Resolutions Details

The failed resolutions included remuneration revisions for Mr. Aman Arun Biyani (DIN: 09131437), the Managing Director, and Mr. Aditya A Biyani (DIN: 10304061), Director of the company. Additionally, the proposal to re-appoint Mr. Arunkumar Biyani (DIN: 00016519) as Chairman and Whole-time Director for a further term of three years, despite having attained the age of 70 years, did not receive the requisite majority.

The only successful resolution was the re-appointment of Mrs. Mamta Biyani (DIN: 01850136) as a non-executive independent director, which secured overwhelming support with 99.80% of votes in favour.

Regulatory Compliance

The company has fulfilled its regulatory obligations by submitting the scrutinizer's report and voting results to both BSE Limited (Scrip Code: 521220) and National Stock Exchange of India (Scrip Symbol: DAMODARIND). The notice for the postal ballot was originally dispatched to shareholders on December 23, 2025, along with explanatory statements as required under the Companies Act, 2013.

The scrutinizer's report was signed by Vishal N. Manseta (ACS No. 25183) on January 23, 2026, and the company's communication to the exchanges was signed by Director Arun Kumar Biyani (DIN: 00016519) on the same date.