Promoter Group Gifts Equity Shares in Inter-Se Transfer to Siyaram Silk Mills Ltd.
Promoters of Siyaram Silk Mills Limited have engaged in an inter-se transfer of equity shares, gifting 10,28,593 shares to fellow promoters, according to details provided by the company.The transaction involved Shri Shrikishan Poddar, who transferred his shares. The acquirers were identified as Mr. Ramesh Kumar Poddar, Mr. Avnish Poddar, Mr. Gaurav Poddar, Mr. Anurag Poddar, and Mr. Ankit Poddar. The transfer was conducted by way of a gift and carried no consideration.
The transaction resulted in changes to the shareholder composition among the promoter group. As per the detailed shareholding figures, the pre-transaction holdings reflect the status before the transfer.
Key details regarding the transaction are presented below:
| Detail | Value |
|---|---|
| Target Company | Siyaram Silk Mills Limited |
| Acquirers | Ramesh Kumar Poddar, Avnish Poddar, Gaurav Poddar, Anurag Poddar, Ankit P. Poddar |
| Transferor / Seller | Shri Shrikishan D Poddar |
| Number of Shares Transferred | 10,28,593 Equity Shares |
| Percentage of Total Share Capital (Transferred) | 2.27% |
The shareholding status across the promoter group is detailed in the tables provided below, highlighting both pre-transaction and post-transaction holdings for each individual shareholder involved.
Shareholding Details Before and After Transaction
| Shareholders | Pre-Transaction Shares / % | Post-Transaction Shares / % |
|---|---|---|
| Ramesh Kumar Poddar | 21,22,615 / 4.68% | 23,53,783 / 5.19% |
| Avnish Poddar | 17,40,404 / 3.84% | 19,68,487 / 4.34% |
| Gaurav Poddar | 20,91,814 / 4.61% | 22,62,397 / 4.99% |
| Anurag Poddar | 17,40,404 / 3.84% | 19,68,487 / 4.34% |
| Ankit Poddar | 20,91,813 / 4.61% | 22,62,396 / 4.99% |
| Shrikishan Poddar (Seller/Transferor) | 10,28,593 / 2.27% | 93 / 0% |
SIYSIL Stock Price Movement
As of 11:16 AM, Siyaram Silk Mills Limited shares are rallying slightly, currently trading at ₹610.75 after climbing by 1.65% in live market activity today. The stock is demonstrating significant intraday movement, having ranged from a low of ₹605.5 to a high of ₹618.45.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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