Business Update7 April 2026 at 07:44 am
Eastern Silk Industries Achieves Minimum Public Shareholding After Promoter's Share Sale
AI Summary
Eastern Silk Industries Ltd. has announced the sale of 111340 equity shares by its promoter, M/s Baumann Dekor Private Limited, in the open market on April 06, 2026. This sale was conducted to meet the minimum public shareholding requirement of 10% as per Securities Contracts (Regulation) Rules, 1957, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI Master Circular dated 11 November 2024. The sale has helped the company to achieve the required minimum public shareholding.
Key Highlights
- Promoter of Eastern Silk Industries Ltd. sells 111340 equity shares in open market.
- Sale conducted on April 06, 2026, to meet minimum public shareholding requirement.
- Company achieves minimum public shareholding of 10% as required by relevant regulations.
- Sale is in accordance with Securities Contracts (Regulation) Rules, 1957, and SEBI regulations.
- Eastern Silk Industries Ltd. announces sale and minimum public shareholding achievement.