Pawankumar D. Poddar has Submitted to the Exchange a copy of Revised Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
SIYSIL · price
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DPP Enterprises LLP, a promoter entity of Siyaram Silk Mills, will acquire 70,000 equity shares (0.15% of share capital) from fellow promoter Abhishek S. Poddar on or after 29th September 2025. The transaction is an inter-se transfer among promoters under Regulation 10(1)(a)(i) of SEBI Takeover Regulations and is exempt from the open offer requirement. The acquisition price will be the prevailing market price (Rs. 695.97 per share based on 60-day VWAP on NSE). After the transfer, DPP Enterprises LLP's holding will rise from 60,408 shares (0.13%) to 130,408 shares (0.29%), while Abhishek S. Poddar's holding will reduce from 585,077 shares (1.29%) to 515,077 shares (1.14%). Total promoter group shareholding remains unchanged as this is merely an internal reshuffle.
This is a routine internal reshuffling among promoter family members with no change in total promoter stake or voting control, so it is neutral for shareholders and unlikely to affect the stock price.