Siyaram Silk Mills: Promoter acquires additional stake

DPP Enterprises LLP, an acquirer and promoter, is set to acquire 70,000 equity shares of Siyaram Silk Mills Limited from Abhishek S. Poddar, also a promoter. This off-market transfer is scheduled for on or after September 29, 2025. The acquisition represents 0.15% of the target company's share capital.

The acquisition price will be the market price prevailing on the date of acquisition. The acquirer has confirmed that the acquisition price will not be more than 25% higher than the volume-weighted average market price of INR 695.97 for a 60-trading day period preceding the notice, based on National Stock Exchange of India Ltd. trades.

Before the proposed transaction, DPP Enterprises LLP held 60,408 shares (0.13% of total share capital), while Abhishek S. Poddar held 585,077 shares (1.29%). Post-acquisition, DPP Enterprises LLP's holding will increase to 130,408 shares (0.29%), and Abhishek S. Poddar's holding will decrease to 515,077 shares (1.14%).