Shareholding19 May 2026, 11:33 am
Damodar Industries: Arun Kumar Biyani Encumbers 1.15% Shares
AI Summary
On May 19, 2026, Damodar Industries Ltd. received a revised disclosure regarding the encumbrance of shares by promoter Arun Kumar Biyani under SEBI Regulations 31(1) and 31(2). As of March 7, 2026, 2,70,000 shares, representing 1.15% of the total share capital, were encumbered as collateral for loans taken. These shares are pledged to SBICAP Securities. Arun Kumar Biyani's total promoter shareholding is 80,64,500 shares, representing 34.61% of the total share capital, with 64.60% of promoter shareholding encumbered.
Key Highlights
- Arun Kumar Biyani encumbered 2,70,000 shares (1.15% of total share capital).
- The encumbrance serves as collateral for loans taken.
- SBICAP Securities holds the pledge on the encumbered shares.
- 64.60% of Arun Kumar Biyani's promoter shareholding is encumbered.
- The encumbrance relates to debt instruments with a value of ₹24.88 Cr.
Price Impact
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