The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SSKL Family Trust & PACs
KALAMANDIR · price
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SSKL Family Trust, a promoter group entity of Sai Silks (Kalamandir), acquired 1,45,28,955 equity shares (9.47% of paid-up capital) through an off-market transfer on June 19, 2025. The shares were received from two other promoter group members — 87,50,000 shares from Mr. Kalyan Srinivas Annam and 57,78,955 shares from Mr. Doodeswara Kanaka Durgarao Chalavadi — for nil consideration. The Trust's holding rose from 16.24% (2,49,03,774 shares) to 25.71% (3,94,32,729 shares). The company clarified that this is an internal promoter group restructuring, not a market acquisition or sale under SEBI Takeover Regulations, and is being disclosed as a measure of transparency. Total promoter group shareholding in the company remains unchanged — only reshuffled within the family.
No real impact on shareholders or stock price — this is an internal reshuffle within the promoter family (shares moved from individual promoters to a family trust) with no change in total promoter ownership or any money changing hands.