The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Anil D Biyani & Others
DAMODARIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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.
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.