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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Awaiting price reaction for this filing.
Damodar Industries promoter group entity, Calves N Leaves Initiatives Pvt Ltd, has filed a disclosure under Regulation 29(2) of SEBI Takeover Regulations reporting a reduction in shareholding. The entity's holding fell from 4,23,629 shares to 3,72,517 shares, indicating a sale of 51,112 equity shares. This disposal represents roughly 2.19% of the company's total equity capital of 23,30,000 shares (face value Rs. 5 each). The transaction was carried out through market-based mode (open/off-market), with the intimation dated 12th June 2025. Damodar Industries is listed on both BSE and NSE.
A promoter-group entity trimming its stake by about 2.2% is a mildly negative signal for retail investors, as it can indicate reduced promoter confidence. However, since the holding remains with the promoter group and the quantum is small, near-term price impact is likely limited.