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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Calves N Leaves Initiatives Private Limited filed a SAST disclosure for acquiring shares in Damodar Industries Limited. Before the acquisition, the acquirer held 17,715 shares carrying voting rights (0.364% of total share capital). After the acquisition, holding increased to 1,65,00,000 shares representing 100% of the diluted share/voting capital of the company. The equity share capital before and after the acquisition remains 1,65,00,000 shares (100%). The acquirer is Calves N Leaves Initiatives Private Limited, a promoter group entity. The mode of acquisition is not explicitly detailed in the filing. The acquisition appears to be a significant change in shareholding pattern.
This represents a near-complete acquisition of Damodar Industries by the acquirer, moving from a minority 0.364% stake to 100% of share capital, which is a significant ownership change requiring SAST disclosure.