Shareholding12 Jun 2026, 11:09 am
Siyaram Silk Mills: Promoters Gift 2.27% Shares Inter-Se
AI Summary
Siyaram Silk Mills Limited has disclosed an inter-se transfer of 10,28,500 equity shares, representing 2.27% of the total shareholding, among its promoters. This transaction was executed on June 8, 2026, via off-market gift without any consideration. The transfer relied on an exemption under Regulation 10(1)(a)(ii) of the SEBI SAST Regulations, thus avoiding an open offer requirement. The disclosure was made on June 11, 2026.
Key Highlights
- Promoters transferred 10,28,500 shares (2.27%) via gift.
- Transaction was an inter-se transfer among promoters.
- No consideration was involved in the share transfer.
- Exemption under SEBI SAST Regulation 10(1)(a)(ii) was utilized.
- No open offer obligation was triggered by this transaction.
Price Impact
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