StockWatch
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Other Textile Products
Shareholding18 Aug 2026, 05:41 pm

Siyaram Silk Mills: Promoter Inter-se Transfer of 4.62% Shares

AI Summary

Siyaram Silk Mills Ltd has filed a disclosure regarding an inter-se transfer of 20,98,099 equity shares, representing 4.62% of the total shareholding, among its promoters. The transfer, executed on August 14, 2026, was by way of gift without any consideration. This transaction falls under Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, exempting it from the open offer requirement. The disclosure was made on August 7, 2026, with the final filing on August 17, 2026. The shareholding details of individual promoters have been updated post-transaction.

Key Highlights

  • Promoters of Siyaram Silk Mills executed an inter-se share transfer.
  • 4.62% of total shareholding (20,98,099 shares) were transferred.
  • The transfer was by way of gift, with no consideration involved.
  • Transaction is exempt from open offer under SEBI SAST Regulations.
  • Shareholding patterns among promoters have been updated.