The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Aditya Biyani
DAMODARIND · price
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Aditya Biyani, part of the promoter group of Damodar Industries Ltd, purchased 74,025 equity shares (0.32% of the company's voting capital) through the open market on 11th June 2025. As a result, his individual shareholding in the company rose from 350,000 shares to 424,025 shares, taking his stake from around 1.57% to 1.82%. The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations. Separately, the company's total equity share capital also increased during this period, from 2.22 crore shares to 2.33 crore shares, indicating a fresh equity issuance alongside this promoter purchase.
This is a modest open-market purchase by a member of the promoter group, which is generally seen as a confidence signal. However, the 0.32% increase is small in size and unlikely to materially move the stock price on its own.