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
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Calves N Leaves Initiatives Private Limited purchased 2,500 equity shares of Damodar Industries Limited on 1st April 2024 through the open market on BSE. The acquisition increased the acquirer's shareholding from 13,13,604 shares (11.337%) to 13,16,104 shares (11.346%) — an incremental increase of roughly 0.02%. The total equity share capital of the company is 1,15,55,000 shares. This is a small, incremental buy by an entity that already holds over 10% of the company.
This is a minor creeping acquisition by what appears to be a promoter-group or persons-acting-in-concert entity. The stake change is too small to materially affect share price, but it confirms continued promoter-aligned entities maintaining and slowly nudging up their holding above the 10% disclosure threshold.