The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Manju Biyani
DAMODARIND · price
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Manju Biyani, part of the promoter group of Damodar Industries Ltd, acquired 10,000 equity shares (0.04% of voting capital) through an open market purchase on 20th June 2025. After this acquisition, her total holding stands at 22,90,000 shares, representing 9.83% of the company's total share/voting capital. The transaction was disclosed under Regulation 29(2) of SEBI Takeover Regulations, 2011. The equity share capital of the company also increased during this period, indicating possible fresh issuance alongside the open market purchase.
This is a minor open market purchase by a promoter, signalling confidence but with negligible impact on overall ownership or stock price. With holding now at 9.83%, Manju Biyani is approaching the 10% disclosure threshold, which could trigger additional regulatory attention if further acquisitions occur.