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

Ownership Changes View source PDF Explain this filing

DAMODARIND · price

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Price reactionminutes from the announcement price · days from the prior close

-2.9%Reaction day

₹37.74

prior close

₹37.90

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-2.5% vs market

Other Textile Products peers, median of 175sector-0.4%-2.5% vs sector

On the reaction day the stock moved 2.5 pts less than Nifty Microcap 250 and 2.5 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

-2.4

15m

-2.4

30m

-4.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.9-0.3-2.5-0.4-2.5

Next day

-2.9-0.0-2.9-1.0-1.9

-4.6-1.0-3.6-1.7-3.0

-2.0-1.3-0.6-1.9-0.1

-6.5-3.1-3.4-2.9-3.7

-4.3-2.8-1.5-2.7-1.7

-6.9-2.1-4.8-2.3-4.5

15d

-0.6+1.6-2.2-0.5-0.1

+0.1+1.4-1.4-0.3+0.4

-7.3-2.7-4.6-6.5-0.8

-5.9+0.1-6.1-6.2+0.3

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 175Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

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.

Likely market impact

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.