Siyaram Silk Mills Bonus Issue
Siyaram Silk Mills Ltd declared a 7:1 bonus share issue. The company will capitalize ₹318 Crore from its reserves to implement this issuance.
- Value
- ₹318.0 Cr
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Siyaram Silk Mills Ltd declared a 7:1 bonus share issue. The company will capitalize ₹318 Crore from its reserves to implement this issuance.
Siyaram Silk Mills allotted preference shares (Series I and II) to equity shareholders pursuant to the company's approved Scheme of Arrangement.
CRISIL Ratings has reaffirmed the existing credit ratings for Siyaram Silk Mills Ltd's bank loan facilities. The total bank loan facilities rated are Rs. 350.69 crore.
Siyaram Silk Mills Ltd received a 'CRISIL AA-/Stable' rating from CRISIL for its proposed ₹318 Crore cumulative non-convertible redeemable preference shares.
Harshit S. Poddar disposed of 5,82,900 equity shares (1.28%) of Siyaram Silk Mills Limited. The inter-se transfer was conducted via a block deal to DPP Enterprises LLP.
Promoter Rameshkumar D. Poddar acquired 6,99,367 shares (1.54% stake) of Siyaram Silk Mills Ltd via an off-market inter-se gift transfer from another promoter.
Promoter Vibha Shrikishan Poddar transferred 20,98,099 shares of Siyaram Silk Mills via inter-se gift to other promoters. This off-market transfer concludes the transferor's shareholding.
DPP Enterprises LLP proposes to acquire 5,82,900 equity shares (1.28% stake) of Siyaram Silk Mills Ltd via an inter-se transfer through a block deal.
Promoter group entity DPP Enterprises LLP plans an inter-se transfer of 5,82,900 shares (1.28%) from Shri Harshit Shrikishan Poddar, effective on or after 14th August, 2026.