DAMODARINDNSEDamodar Industries LimitedMediumNeutral
Announced Thu, 3 Jul · 23:03 IST

Damodar Industries Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Ownership Changes View source PDF

DAMODARIND · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Promoters of Damodar Industries have filed a declaration with NSE and BSE confirming that no new encumbrance (pledge or lien) has been created on the company's shares during the financial year ending March 31, 2025. The only existing encumbrance stands at 49,40,000 equity shares, which was already disclosed earlier to the stock exchanges. The declaration was signed by promoter Arun Kumar Biyani on behalf of all 16 promoter and promoter group entities, including family members, HUFs, and related private companies.

Likely market impact

This is a routine compliance filing that reassures investors no additional shares have been pledged beyond the already-disclosed 49.4 lakh shares. No material change for shareholders — the position remains as previously reported.