Eastern Silk Industries Promoter Selling
Eastern Silk Industries reported that its promoter sold 5,00,000 shares via two OFS transactions to meet MPS norms. The company achieved 10% public shareholding by March 2026.
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Eastern Silk Industries reported that its promoter sold 5,00,000 shares via two OFS transactions to meet MPS norms. The company achieved 10% public shareholding by March 2026.
Eastern Silk Industries Limited promoter Baumann Dekor Private Limited sold 1,11,340 equity shares via the open market for approximately ₹0.69 Crore. This transaction, executed on April 6, 2026, was undertaken to comply with Minimum Public Shareholding (MPS) norms, reducing the promoter's stake from 92.22% to 90.00%.
Eastern Silk Industries Limited's promoter, Baumann Dekor Private Limited, sold 111,340 equity shares in the open market on April 06, 2026. This transaction was executed to achieve the required 10% Minimum Public Shareholding (MPS) compliance. Following the sale, the company has met the relevant regulatory shareholding requirements.