The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
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 through an off-market transfer. The transaction is exempt from an open offer under Regulation 10(1)(a)(ii) of SEBI (SAST) Regulations, 2011, as it is an inter-se transfer between promoters. After the deal, DPP Enterprises LLP's holding will rise from 0.13% (60,408 shares) to 0.29% (130,408 shares), while Abhishek S. Poddar's stake will drop from 1.29% (585,077 shares) to 1.14% (515,077 shares). The acquisition price will be at the prevailing market price, capped at 25% above the 60-day VWAP of Rs. 695.97. The acquisition is scheduled on or after 29th September 2025.
This is a routine reshuffling of shares within the promoter group with no change in total promoter holding, so there is no material impact on the stock price or minority shareholders.