Siyaram Silk Mills to host investor meet on Sep 3, 2026

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Reviewed by
Jubin VScanX News Team
Key Highlights
  • Siyaram Silk Mills to hold analyst/investor meetings on September 3, 2026
  • Sessions include one-on-one and group formats at Ashwamedh – Elara India Dialogue
  • Filing made under SEBI LODR Regulation 30(6)
  • Date subject to change based on participant availability
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Siyaram Silk Mills Limited will host analysts and institutional investors for one-on-one and group meetings on September 3, 2026. The interactions are scheduled as part of the Ashwamedh – Elara India Dialogue 2026 Conference.

The company notified the stock exchanges regarding the schedule pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Discussions during the session will be based solely on publicly available information.

Mahipal Thakur, Company Secretary & Compliance Officer, confirmed the details in a filing dated August 27, 2026. The company noted that the date is subject to change due to exigencies on the part of the company or the participants.

Historical Stock Returns for Siyaram Silk Mills

1 Day5 Days1 Month6 Months1 Year5 Years
-1.07%-10.75%-7.33%+5.80%-9.07%+56.22%

How might Siyaram Silk Mills' presentation at the Ashwamedh – Elara India Dialogue influence institutional sentiment ahead of the upcoming fiscal results?

What specific strategic initiatives or growth verticals is the company likely to highlight to attract long-term capital during these investor meetings?

Could the timing of this conference in September 2026 signal any impending corporate actions or major operational announcements?

Siyaram Silk Mills to allot 7 preference shares per equity share

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Siyaram Silk Mills allotted seven 9% preference shares per equity share
  • Series I matures by August 2029; Series II by August 2031
  • Record date for eligibility is August 22, 2026
  • Allotment follows NCLT approval of Scheme of Arrangement
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Siyaram Silk Mills announced the allotment of seven 9% cumulative non-convertible redeemable preference shares for every one equity share held. The company’s Allotment Committee approved the issuance on August 25, 2026, as part of a Scheme of Arrangement approved by the National Company Law Tribunal (NCLT), Mumbai Bench.

The allotment applies to shareholders recorded in the register of members or depository records as on the record date of August 22, 2026. The scheme was sanctioned by the NCLT vide its order dated July 21, 2026, under Sections 230 to 232 of the Companies Act, 2013.

Preference Share Structure

The company issued the preference shares in two distinct series, both carrying a face value of ₹10 each and a coupon rate of 9% per annum. Each series is fully paid up and non-convertible.

Series Allotment Ratio Maturity Date Coupon Rate
Series I 4 shares per equity share On or before August 24, 2029 9%
Series II 3 shares per equity share On or before August 24, 2031 9%

Series I shares are redeemable on or before the expiry of three years from the date of allotment. Series II shares carry a longer tenor, redeemable on or before five years from the date of allotment.

Regulatory Filings

The company stated it will file necessary applications with BSE Limited and National Stock Exchange of India Limited for the listing and trading of these preference shares. Additionally, Siyaram Silk Mills will apply under Rule 19(7) of the Securities Contracts (Regulation) Rules, 1957, seeking relaxation from Rule 19(2)(b) of the SCRR.

This disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mahipal Thakur, Company Secretary, signed the intimation letter addressed to the stock exchanges.

Historical Stock Returns for Siyaram Silk Mills

1 Day5 Days1 Month6 Months1 Year5 Years
-1.07%-10.75%-7.33%+5.80%-9.07%+56.22%

How will the mandatory 9% annual coupon payments on these preference shares impact Siyaram Silk Mills' future cash flow and dividend distribution policy for equity shareholders?

What is the expected liquidity and trading volume for the newly listed preference shares on BSE and NSE, given the specific regulatory relaxation sought under SCRR Rule 19?

Could the issuance of non-convertible preference shares signal a strategic shift in capital structure to reduce debt reliance, and how might this affect the company's credit rating?

More News on Siyaram Silk Mills

1 Year Returns:-9.07%