The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kalyan Srinivas Annam & PACs
KALAMANDIR · price
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Kalyan Srinivas Annam, a member of the promoter group of Sai Silks (Kalamandir) Limited, has transferred 87,50,000 equity shares (5.71% of the company's paid-up capital) to SSKL Family Trust, which is also part of the promoter group. The transfer was done off-market at nil consideration on June 19, 2025. Before the transfer, Annam held 5.71% (87.5 lakh shares); after the transfer, his personal holding stands at 0%. The filing notes that this is an internal promoter-group restructuring and does not constitute an acquisition or sale under SEBI's Takeover Regulations, though it is being disclosed for transparency.
This is an internal reshuffle within the promoter group with no change in the total promoter shareholding or in the company's equity base, so it is largely neutral for outside shareholders and unlikely to affect the stock price.