StockWatch
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Other Textile Products
Shareholding20 Aug 2026, 09:38 am

DPP Enterprises LLP Acquires 1.28% Stake in Siyaram Silk Mills

AI Summary

DPP Enterprises LLP has acquired 5,82,900 equity shares, representing 1.28% of the total shareholding, in Siyaram Silk Mills Limited. This transaction was an inter-se transfer among promoter and promoter group entities executed via a block deal on August 17, 2026. The acquisition was made in reliance upon the exemption provided under Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, thus not requiring an open offer. The shares were acquired at the prevailing market price.

Key Highlights

  • DPP Enterprises LLP acquired 1.28% stake in Siyaram Silk Mills.
  • Transaction was an inter-se transfer among promoter group entities.
  • Acquisition completed via block deal on August 17, 2026.
  • Exemption under SEBI SAST Regulations 10(1)(a)(ii) was utilized.
  • No open offer was required for this transaction.