The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Arun Kumar Biyani
DAMODARIND · price
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Arun Kumar Biyani, part of the promoter group of Damodar Industries, bought 5,000 equity shares (0.02%) of the company through the open market on 30 January 2026. This nudged the combined promoter group holding from 55,70,000 shares (23.91%) to 55,75,000 shares (23.93%) of the total equity share capital. The acquisition was carried out individually by Arun Kumar Biyani, though disclosed along with the broader list of promoter group persons acting in concert. Total equity capital of the company remained unchanged at 11,65,00,000 shares. The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
This is a tiny, routine open-market purchase by the promoter — only 0.02% of equity — and is a sign of minor promoter confidence. It is unlikely to have any meaningful effect on the stock price or shareholder value, as the promoter group's effective stake remains well below 50%.