DAMODARINDBSEDamodar Industries Ltd-$HighNeutral
Announced Thu, 2 Apr · 08:48 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Anil D Biyani & Others

Ownership Changes View source PDF

DAMODARIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+2.0%1-day move
₹21.74
prior close
₹20.99
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5-0.9-0.9-0.5+2.0+4.0+10.4+8.6+28.8+27.0+27.5+49.5+42.6+39.8
Up moveDown movePending
AI summary

Promoter group member Anil D. Biyani and 13 Persons Acting in Concert (PACs) including family members filed a SAST disclosure for inter-se transfer of 24,89,500 shares representing 10.68% stake in Damodar Industries Limited. The transaction took place on March 30, 2026 via inter-se transfer (private arrangement between promoter group members). Before the acquisition, the acquirer group held 24,89,500 shares (10.68%). The filing shows acquisition of the same quantum of shares, suggesting this is a reshuffling of promoter holdings among family members without changing the total promoter stake. The total equity capital of the company remains at 2,33,00,000 shares of Rs. 5 each. The 'after acquisition' holding fields appear blank in the disclosure, which is unusual.

Likely market impact

This appears to be an intra-promoter group transfer of shares, which typically has neutral impact on the company's fundamentals or stock price as it does not change the total promoter holding or bring in new investors.