Siyaram Silk Mills Promoter Abhishek S. Poddar Sells 3.15 Lakh Shares, Reduces Stake to 0.44%

Promoter Siyaram Silk Mills Limited, Abhishek S. Poddar, has disclosed a substantial reduction in his shareholding through an open market sale of equity shares. The transaction, completed on March 23, 2026, involved the sale of 3,15,000 equity shares, marking a significant change in the promoter's stake in the textile company.

Transaction Details

The share sale transaction has resulted in a notable reduction in Abhishek S. Poddar's ownership percentage in Siyaram Silk Mills Limited. The following table summarizes the key transaction metrics:

Parameter:	Details
Shares Sold:	3,15,000 equity shares
Transaction Date:	March 23, 2026
Mode of Sale:	Open Market Sale
Disclosure Date:	March 24, 2026

Shareholding Changes

The transaction has significantly altered the promoter's shareholding pattern in the company. Prior to this sale, Abhishek S. Poddar held 5,15,077 equity shares, representing 1.14% of the company's total share capital. Following the completion of the sale, his holding has been reduced to 2,00,077 equity shares, which now constitutes 0.44% of the total shareholding.

Shareholding Position:	Before Sale	After Sale	Change
Number of Shares:	5,15,077	2,00,077	-3,15,000
Percentage Holding:	1.14%	0.44%	-0.69%
Total Share Capital:	₹9,07,40,176	₹9,07,40,176	No change

Company Share Capital Structure

Siyaram Silk Mills Limited maintains a total equity share capital of ₹9,07,40,176, divided into 4,53,70,088 equity shares of ₹2 each. The company's shares are listed on both BSE Limited and National Stock Exchange of India Ltd, providing liquidity for such transactions.

Regulatory Compliance

The disclosure has been made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Abhishek S. Poddar, identified as a promoter under the SEBI regulations, has fulfilled the mandatory reporting requirements by notifying both stock exchanges and the company's compliance officer about the substantial change in shareholding.

The formal disclosure was submitted to the stock exchanges on March 24, 2026, one day after the completion of the transaction, ensuring adherence to the prescribed timeline for such notifications. The communication was addressed to the compliance officer at Siyaram Silk Mills Limited's registered office in Mumbai.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.33%	-2.14%	-9.66%	-26.29%	-28.55%	+151.48%

DPP Enterprises LLP, a promoter entity of Siyaram Silk Mills Limited, has disclosed the acquisition of 3,15,000 equity shares of the company under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition was completed on March 23, 2026, through open market purchase.

Acquisition Details

The transaction significantly increased DPP Enterprises' stake in Siyaram Silk Mills Limited. The acquisition represents 0.69% of the company's total share capital and voting rights.

Parameter:	Details
Shares Acquired:	3,15,000 equity shares
Acquisition Date:	March 23, 2026
Mode of Acquisition:	Open Market Purchase
Percentage Acquired:	0.69%

Shareholding Pattern Changes

The acquisition resulted in a substantial change in DPP Enterprises' shareholding pattern in Siyaram Silk Mills Limited. Prior to this transaction, the entity held 130408 shares representing 0.29% of the total voting capital.

Holding Period:	Number of Shares	Percentage (%)
Before Acquisition:	130408	0.29
Shares Acquired:	315000	0.69
After Acquisition:	445408	0.98

Regulatory Compliance

DPP Enterprises LLP filed the mandatory disclosure on March 24, 2026, with both stock exchanges where Siyaram Silk Mills shares are traded. The disclosure was signed by Pawan D. Poddar, Partner of DPP Enterprises LLP, from the company's registered office in Mumbai. As a promoter entity, DPP Enterprises is required to disclose such acquisitions under SEBI regulations to ensure transparency in shareholding changes.