Siyaram Silk Mills Limited has submitted the Exchange a copy Srutinizers report of Court Convened General Meeting held on December 29, 2025. Further, the company has informed the Exchange regarding voting results.
SIYSIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Siyaram Silk Mills held a court-convened meeting of equity shareholders on December 29, 2025 (ordered by NCLT Mumbai Bench) via video conferencing to approve a Scheme of Arrangement between the company and its shareholders under Section 230 of the Companies Act, 2013. Out of 48,288 shareholders on the record date, 64 attended via VC and a total of 31,746,695 votes were polled (about 70% of 45,370,088 outstanding shares). The resolution was passed with overwhelming support — 99.98% in favour (31,740,086 votes) and just 0.02% against (6,609 votes). Promoters voted 100% in favour, public institutions voted 100% in favour, and public non-institutions voted 99.06% in favour. The Scrutinizer confirmed the resolution stands passed with the requisite majority.
Shareholders have approved the Scheme of Arrangement, clearing a key regulatory milestone. The next steps would typically involve NCLT/NCLAT sanction and stock exchange/ROC filings before the scheme becomes effective. No material dissent signals, so near-term stock impact should be limited beyond the formal approval progress.