The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for DPP Enterprises LLP
SIYSIL · price
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On the reaction day the stock moved 4.6 pts less than Nifty Microcap 250 and 4.2 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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DPP Enterprises LLP, a promoter entity of Siyaram Silk Mills, has disclosed the acquisition of 3,15,000 equity shares (0.69% of paid-up capital) through open market purchase on 23rd March 2026. This was disclosed under Regulation 29(2) of SEBI (SAST) Regulations, 2011. Post-acquisition, DPP Enterprises LLP's holding in the company rose from 1,30,408 shares (0.29%) to 4,45,408 shares (0.98%). The equity share capital of the company remains Rs. 9.07 crore divided into 4,53,70,088 equity shares of Rs. 2 each. The acquisition was signed off by Pawan D. Poddar, Partner of DPP Enterprises LLP.
This is a positive signal as it shows continued promoter confidence in the company through open market buying. The promoter group's increased stake from 0.29% to 0.98% may be viewed favorably by retail investors, though the overall holding remains modest.