Shareholding19 May 2026, 11:36 am
Damodar Industries: Promoter Encumbers 1.15% Shares as Collateral
AI Summary
Damodar Industries Ltd. disclosed that promoter Arunkumar Biyani encumbered 2,70,000 shares (1.15% of total share capital) on March 7, 2026, as collateral for loans taken. The shares are pledged to SBICAP Securities. Post encumbrance, the promoter's holding remains encumbered. Total promoter shareholding in the company is 80,64,500 shares, representing 34.61% of the total share capital, with 64.60% of promoter shareholding encumbered.
Key Highlights
- Arunkumar Biyani encumbered 2,70,000 shares (1.15%) of Damodar Industries on March 7, 2026.
- The encumbrance serves as collateral for loans taken, with SBICAP Securities as the pledgee.
- Encumbered shares represent 64.60% of the total promoter shareholding.
- Total promoter shareholding in Damodar Industries is 34.61% of the total share capital.
Price Impact
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