StockWatch
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Other Textile Products
Deals17 Mar 2026, 06:45 pm

Eastern Silk Industries Ltd Announces Offer for Sale of 2,50,000 Equity Shares on NSE

AI Summary

Eastern Silk Industries Ltd, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has announced an Offer for Sale of 2,50,000 equity shares (representing 5% of its issued and paid-up capital) by M/s Baumann Dekor Private Limited. The proposed sale is being undertaken at National Stock Exchange of India Limited (NSE) through offer for sale mechanism of Stock Exchanges. The offer is in accordance with the implementation of Interoperability among Clearing Corporations along with the Exchange Scheme circular NSE/CMTR/72975 dated February 24, 2026. The bidding session for non-retail category is on March 18, 2026, from 09:15 hrs to 15:30 hrs, and for retail category on March 19, 2026, from 09:15 hrs to 15:30 hrs. The UCCs identified as compliant of Capital Market segment by the Exchange at 22:00 hrs on the previous day shall be considered as permitted to trade for the next bidding day.

Key Highlights

  • Eastern Silk Industries Ltd announces Offer for Sale of 2,50,000 equity shares.
  • The offer is by M/s Baumann Dekor Private Limited, a promoter of Eastern Silk Industries Ltd.
  • The offer is to comply with the minimum public shareholding (MPS) requirement.
  • The bidding session for non-retail category is on March 18, 2026, and for retail category on March 19, 2026.
  • The UCCs identified as compliant by the Exchange at 22:00 hrs on the previous day are permitted to trade for the next bidding day.