The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Arun Kumar Biyani & Others
DAMODARIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Biyani promoter group (including Arun Kumar Biyani, Anil D. Biyani, Manju Biyani, and 10 other family members) acquired 24,89,500 shares (10.68%) through an off-market inter-se transfer on 30 March 2026. Before this transaction, the promoter group held 55,75,000 shares representing 23.93% of the company. After the acquisition, their total holding increased to 80,64,500 shares, representing 34.61% of Damodar Industries. The total equity share capital remained unchanged at 2,33,00,000 shares of Rs.5 each.
The promoter group has significantly strengthened its stake by over 10 percentage points, bringing their holding to 34.61%. This signals strong promoter confidence in the company, though they remain below the 50% threshold. For retail investors, this internal family share transfer suggests consolidation of promoter holdings rather than any new investment.