Siyaram Silk Mills Limited has informed the Exchange about Copy of Newspaper Publication
SIYSIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Siyaram Silk Mills Limited has informed the stock exchanges about publishing newspaper advertisements regarding the NCLT hearing for its proposed Scheme of Arrangement between the Company and its shareholders. The advertisement was published on 20th March 2026 in Business Standard (English, all editions) and Navshakti (Marathi, Mumbai edition). The NCLT Mumbai Bench, through its order dated 9th March 2026, has scheduled the hearing of the Company Scheme Petition for 16th April 2026. This disclosure is being made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Mahipal Thakur, Company Secretary and Compliance Officer.
This is a routine procedural disclosure required as part of the legal process for a corporate restructuring scheme. The next key milestone for shareholders is the NCLT hearing on 16th April 2026, which could move the scheme towards sanction. Shareholders should watch for further updates on the outcome of the hearing and the nature of the proposed arrangement.