SSKL Family Trust increases stake in Sai Silks (Kalamandir)

On October 15, 2025, SSKL Family Trust, a member of the promoter group of Sai Silks (Kalamandir) Limited, announced the acquisition of 1,45,28,955 equity shares through an off-market inter-se transfer. These shares were acquired from Kalyan Srinivas Annam (87,50,000 shares, 5.71% voting rights) and Doodeswara Kanaka Durgarao Chalavadi (57,78,955 shares, 3.77% voting rights), both also part of the promoter group. The transaction totals 9.47% of the company’s total paid-up equity share capital.

This strategic transfer, completed on June 19, 2025, involved no sale consideration, as it was executed as part of an internal family arrangement. Post-acquisition, SSKL Family Trust's shareholding in Sai Silks (Kalamandir) increased from 16.24% to 25.71%, enhancing the promoter group's overall control. The acquirer confirmed compliance with Regulation 10(1)(a) of SEBI (SAST) Regulations, 2011, and noted that the transaction does not alter the aggregate promoter shareholding.