In a notification, ASL indicated that Damani, one of our promoters, conveyed to us its intention to sell the shares of nominal value of Rs 10 each of the companies to enable us to comply with the requirement of a minimum public participation.
http://www.zeebiz.com/companies/news-radhakrishna-damani-will-reduce-1-stake-in-dmart-should-you-invest-in-the-stock-price-47865