Promoters execute inter-se transfer of shares in Siyaram Silk Mills Ltd by way of Gift
Siyaram Silk Mills Limited has seen changes in its promoter shareholding following an inter-se transfer of equity shares among members of the Promoter group. The transaction, executed as a gift on June 08, 2026, involved Shrikishan D. Poddar, who transferred 10,28,500 Equity Shares of Siyaram Silk Mills Limited.The transfer represents a significant reduction in the stake held by Mr. Poddar before the transaction. Prior to the disposal, Mr. Poddar held 10,28,593 shares, which accounted for 2.27 percent of the total share capital of the company. Following the inter-se transfer via gift, his holding reduced to 93 shares, representing 0.00 percent of the share capital.
The transaction details and the resulting changes in the stockholding across the promoter group are detailed below:
| Promoter Name | Before Transfer (Shares) | After Transfer (Shares) |
|---|---|---|
| Shrikishan D. Poddar (Transferor) | 10,28,593 | 93 |
| Ramesh Kumar Poddar | 21,22,615 | 23,53,783 |
| Avnish Poddar | 17,40,404 | 19,68,487 |
| Gaurav Poddar | 20,91,814 | 22,62,397 |
| Anurag Poddar | 17,40,404 | 19,68,487 |
| Ankit Poddar | 20,91,813 | 22,62,396 |
Promoter Group Shareholding Details
The total shareholding of the Promoter group before the transaction stood at 1,08,15,643 shares, representing 23.84 percent of the total share capital. The transfer resulted in a movement of 10,28,500 shares from Mr. Poddar to the rest of the promoter group.
The combined holding of the Promoter group remained at 1,08,15,643 shares after the inter-se transfer, retaining a stake of 23.84 percent in Siyaram Silk Mills Limited.
Company Financial Snapshot (Pre and Post Transaction)
| Metric | Before Acquisition/Sale | After Acquisition/Sale |
|---|---|---|
| Equity Share Capital / Total Voting Capital | Rs.907,401.76 dividend into 45,37,0088 Equity Shares of Rs.2/- each | Rs.9,07,4076-dividend into 45,370088 Equity Shares of Rs.2/- each |
| Total Diluted Share/Voting Capital (of TC) | Shares of Rs.2/- cach. Rs.9.07,40,176/- dividend into 4,53,70,088 Equity Shares of Rs.2/- each | Shares of Rs.2/- cach. Rs.9.07,40,176/- dividend into 4,53,70,088 Equity Shares of Rs.2/- each |
SIYSIL Stock Price Movement
Shares of Siyaram Silk Mills Limited are edging higher to ₹612.2 as of 10:23 AM, reflecting a solid 0.96% gain in live trading. The equity has seen a total traded volume of 11,534 shares so far into the session.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.