Damodar Industries Share Acquisition: Arun Biyani Holding Rises to 35.127%
Damodar Industries disclosed Arun Biyani's acquisition of 1.20 lakh shares through an inter-se transfer, taking his holding from 34.612% to 35.127%.
Damodar Industries share acquisition details disclosed in a BSE filing dated October 5, 2026, show that promoter-group acquirer Arun Biyani acquired 1,20,000 shares through an inter-se transfer. The transaction increased his reported holding to 35.127% from 34.612%, according to the disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The filing identifies Biyani as belonging to the promoter or promoter group. His holding of shares carrying voting rights rose from 80,64,500 shares before the acquisition to 81,84,500 shares afterwards. The disclosed acquisition represents 0.515% of the company's share or voting capital.
The exchange disclosure concerns a change in the named acquirer's ownership position. Its before-and-after figures provide the basis for tracking the additional shares and the resulting percentage holding.
Shareholding before and after the transfer
The acquisition added 1,20,000 shares to Biyani's existing holding. The share counts and ownership percentages reported in the filing are set out below.
| Position | Shares carrying voting rights | Shareholding |
|---|---|---|
| Before acquisition | 80,64,500 | 34.612% |
| Acquisition | 1,20,000 | 0.515% |
| After acquisition | 81,84,500 | 35.127% |
The reported ownership percentage therefore increased by 0.515 percentage points. The post-acquisition holding is also stated as 35.127% against the company's total diluted share or voting capital. The disclosure reports the acquired holding under shares carrying voting rights.
Transfer route and disclosure details
The filing specifies inter-se transfer as the mode of acquisition. It lists BSE Limited and the National Stock Exchange of India Limited as the exchanges where Damodar Industries' shares are listed. The BSE announcement identifies the company by scrip code 521220.
The supplied extract does not provide a clearly readable transaction date. October 5, 2026, is the date of the BSE disclosure and should not be read as confirmation of when the transfer occurred.
No transaction price, consideration amount or transferor name is available in the supplied content. Accordingly, the disclosed share count and ownership percentages establish the size of Biyani's holding change, but do not establish a monetary value for the transfer.