Siyaram Silk Mills files BRSR for FY26

2 min read     Updated on 08 Jul 2026, 06:37 PM
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Siyaram Silk Mills Limited filed its Business Responsibility and Sustainability Report for FY26, disclosing investments of ₹3.67 crore in environmental technologies and 51.56% sustainable sourcing. The company reported a workforce of 5,061, 6,792 kWp of solar capacity, and zero regulatory penalties.

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Siyaram Silk Mills Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. The report, filed pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, details the company's performance on environmental, social, and governance parameters. The filing was made by Mahipal Samayalal Thakur, Company Secretary & Compliance Officer, on July 08, 2026.

The company reported that 51.56% of its inputs were sourced sustainably during the year. It invested ₹3.67 crore in capital expenditure specifically aimed at improving environmental and social impacts, which represented 5.50% of its total capital expenditure. These investments included solar rooftop installations to enhance renewable energy consumption and the replacement of outdated machinery with energy-efficient equipment. The total installed solar capacity across all plants stands at 6,792 kWp.

Operational and Financial Overview

Siyaram Silk Mills operates 11 plants and 2 offices nationally, with one international office. The company serves 36 states and union territories in India and exports to 21 countries, with exports contributing 10% to the total turnover. The primary business activities include weaving, processing, dyeing, and garmenting, with fabrics accounting for 78% of the total turnover, readymade garments for 16%, and dyed yarn for 6%.

The company’s turnover for the year was ₹2,56,928.48 lakhs, and its net worth stood at ₹1,45,338.39 lakhs. It holds a 100% stake in its subsidiary, Cadini S.R.L., Italy. The report confirms that Corporate Social Responsibility (CSR) is applicable to the company under Section 135 of the Companies Act, 2013.

Employee and Workforce Statistics

The company employed a total of 1,847 employees and 3,214 workers as of the end of the financial year. Women constituted 12.66% of the total employees and 27.72% of the total workers. The Board of Directors included one female member out of ten, representing 10% representation. No differently abled employees or workers were reported during the year.

The company reported zero instances of fines, penalties, or punitive actions by regulators. It maintains an anti-corruption and anti-bribery policy, and no disciplinary actions were taken against directors, KMPs, employees, or workers for charges of bribery or corruption. All employees and workers are covered by health and accident insurance.

Environmental Initiatives and Risk Management

The report highlights several material responsible business conduct issues, including sustainable sourcing, energy management, and water stewardship. The company has implemented rainwater harvesting, Reverse Osmosis (RO), and Multiple Effect Evaporation (MEE) systems to manage water resources. It is actively exploring the feasibility of implementing Zero Liquid Discharge (ZLD) systems.

Regarding energy, the company increased renewable energy consumption to 6,460,973 kWh and adopted sludge incineration practices, resulting in coal savings of 595 tons. The company identified climate change as a risk, noting the potential for operational disruptions and regulatory costs, while also viewing sustainable sourcing and digitalization as opportunities for growth.

Metric FY 2025-26
Capital Expenditure on Environment (₹ Cr) 3.67
Sustainable Sourcing (%) 51.56%
Solar Capacity (kWp) 6,792
Renewable Energy Consumption (kWh) 6,460,973
Total Employees 1,847
Total Workers 3,214

Historical Stock Returns for Siyaram Silk Mills

1 Day5 Days1 Month6 Months1 Year5 Years
+2.11%-0.03%+4.84%+10.21%-10.93%+54.41%

What is the projected timeline and capital requirement for implementing the Zero Liquid Discharge (ZLD) systems currently under feasibility study?

How does the company plan to increase the percentage of sustainable sourcing beyond the current 51.56% in the next fiscal year?

Will the company set specific targets to improve female representation on the Board of Directors beyond the current 10%?

Siyaram Silk Mills promoters confirm no encumbrance on 67.44% shares in FY26

1 min read     Updated on 20 Jun 2026, 07:29 AM
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Siyaram Silk Mills disclosed that its promoters have not created any encumbrance on their shareholdings during the financial year ended March 31, 2026. The declaration covers 3,05,98,404 equity shares, representing 67.44% of the total shareholding. This confirmation was submitted to the stock exchanges in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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Siyaram Silk Mills disclosed that its promoters have not created any encumbrance on their shareholdings during the financial year ended March 31, 2026. The declaration, submitted to the stock exchanges, confirms that the 67.44% stake held by the promoter group remains unencumbered directly or indirectly as of the specified date.

Ramesh D. Poddar, a promoter of the company, made the declaration on behalf of himself and other members of the promoter group and Persons Acting in Concert (PAC). The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 2011.

The total shareholding covered by this declaration amounts to 3,05,98,404 equity shares. This represents a significant majority stake in the textile manufacturer, ensuring that the core ownership structure is free from pledged assets or liabilities as of the close of FY26.

Shareholding Details

The following table outlines the promoter shareholding details declared in the filing:

Shareholder Category Number of Shares Percentage of Total Shareholding
Promoters / PAC 3,05,98,404 67.44%

The disclosure was addressed to BSE Limited and the National Stock Exchange of India Limited, as well as the Audit Committee of siyaram silk mills . The company operates from its registered office in Tarapur, Boisar, Maharashtra.

Historical Stock Returns for Siyaram Silk Mills

1 Day5 Days1 Month6 Months1 Year5 Years
+2.11%-0.03%+4.84%+10.21%-10.93%+54.41%

How will the unencumbered status of the promoter holding influence Siyaram Silk Mills' ability to raise capital for future expansion?

What are the management's strategic priorities for utilizing the company's strong balance sheet in the upcoming fiscal year?

Could this clean ownership structure make Siyaram Silk Mills a potential target for strategic acquisitions or mergers in the textile sector?

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