Siyaram Silk Mills sees promoter shareholding shift

Abhishek S. Poddar, a promoter of Siyaram Silk Mills Limited, has disclosed the sale of 70,000 equity shares in the company on November 28, 2025. This transaction, executed via an open market sale, reduced Poddar's voting rights from 1.29% to 1.14%, or 515,077 shares. The equity share capital of the target company remains at ₹9,07,40,176, divided into 4,53,70,088 shares of ₹2/- each.

Concurrently, DPP Enterprises LLP, identified as an acquirer and promoter, reported the acquisition of 70,000 equity shares in Siyaram Silk Mills Limited on the same date. This open market acquisition increased DPP Enterprises LLP's voting rights from 0.13% to 0.29%, now holding 130,408 shares. Both transactions fall under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, indicating a shift in promoter shareholdings.