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Other Textile Products
Shareholding18 Aug 2026, 05:20 pm

Avnish Poddar Acquires 3.49 Lakh Siyaram Silk Mills Shares via Gift

AI Summary

Avnish P Poddar has acquired 3,49,683 equity shares of Siyaram Silk Mills Limited through an inter-se transfer by way of gift from Smt. Vibha Shrikishan Poddar, a promoter. This transaction, occurring on August 14, 2026, increases Avnish P Poddar's total shareholding to 23,18,170 shares, representing 5.11% of the total diluted share capital. The acquisition was made off-market. Siyaram Silk Mills Limited is listed on both BSE Limited and the National Stock Exchange of India Ltd.

Key Highlights

  • Avnish P Poddar acquired 3,49,683 shares of Siyaram Silk Mills.
  • The transfer was an inter-se gift from promoter Vibha Shrikishan Poddar.
  • Acquirer is a promoter, increasing his stake to 5.11%.
  • Transaction occurred via off-market inter-se transfer (gift).
  • Disclosure filed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.