Siyaram Silk Mills promoters confirm no encumbrance on 67.44% shares in FY26
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.13% | +5.12% | +4.92% | +1.80% | -8.54% | +104.80% |
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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