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
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
DPP Enterprises LLP, a promoter entity of Siyaram Silk Mills, purchased 200,000 equity shares (0.44% of paid-up capital) through an open market acquisition on 5th June 2026. The buy lifted its stake from 0.98% (445,408 shares) to 1.42% (645,408 shares). The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations. Siyaram Silk Mills has a total equity share capital of Rs. 9.07 crore divided into 4.53 crore equity shares of Rs. 2 each. The acquisition was signed off by Pawan D. Poddar, a partner at DPP Enterprises LLP.
This open-market purchase by a promoter-group entity signals insider confidence in the company, even though the 0.44% increase is small and unlikely to materially move the stock. Investors typically view such filings as a mildly positive sign of promoter conviction.