The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Calves N Leaves Initiatives Pvt Ltd
DAMODARIND · price
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Awaiting price reaction for this filing.
Calves N Leaves Initiatives Pvt Ltd, part of the promoter and promoter group of Damodar Industries, has filed a disclosure under SEBI Takeover Regulations regarding a change in its shareholding. Before the transaction on 11 June 2025, the entity held 500,000 shares (2.15% of the company). After the transaction, its holding stands at 423,629 shares (1.81%), implying a reduction of around 76,371 shares carried out through the open market. The total equity share capital of Damodar Industries also moved from Rs. 11.12 crore (2.22 crore shares) to Rs. 11.65 crore (2.33 crore shares), indicating fresh issuance that contributed to the dilution in percentage holding.
This is a small reduction in promoter group shareholding (about 0.33 percentage points) via open market sale, which is mildly negative for sentiment but the absolute size is small. Shareholders should watch for further promoter selling or any change in overall promoter group stake.