Siyaram Silk Mills Ltd: Authorised Share Capital Increased to ₹328.84 Cr
Siyaram Silk Mills Ltd has announced a significant increase in its authorized share capital, from ₹12 Crore to ₹328.84 Crore. This change is a consequence of a Scheme of Arrangement approved by the National Company Law Tribunal (NCLT) via an order dated July 21, 2026. The authorized capital now comprises 5,50,00,000 Equity Shares of ₹2 each, 25,000 11% Redeemable Cumulative Preference Shares of ₹100 each, and 31,75,90,616 Redeemable Preference Shares of ₹10 each. The company has completed the necessary filings with the Registrar of Companies, Mumbai, and updated its Memorandum of Association to reflect this amendment. The updated MOA is also available on the company's website.
Key Highlights
- Authorised share capital increased from ₹12 Cr to ₹328.84 Cr.
- Increase is due to NCLT-approved Scheme of Arrangement.
- Memorandum of Association amended to reflect new capital structure.
- Filings completed with Registrar of Companies, Mumbai.
Price Impact
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