Siyaram Silk Mills Submits SEBI Compliance Certificate for Q4FY26

1 min read     Updated on 09 Apr 2026, 02:13 AM
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AI Summary

Siyaram Silk Mills Limited submitted its quarterly SEBI compliance certificate for Q4FY26 ended 31st March, 2026. The certificate, issued by registrar MUFG Intime India Private Limited, confirms proper handling of dematerialisation processes and compliance with prescribed timelines. The filing was made on 8th April, 2026, ensuring adherence to SEBI Regulation 74(5) requirements.

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Siyaram Silk Mills Limited has filed its quarterly compliance certificate under SEBI regulations for the quarter ended 31st March, 2026. The textile company submitted the mandatory certificate to both BSE Limited and National Stock Exchange of India Limited on 8th April, 2026.

Regulatory Compliance Certificate

The certificate was issued under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. This regulation requires companies to obtain and submit quarterly certificates from their registrar and share transfer agents confirming proper handling of dematerialisation processes.

Parameter: Details
Reporting Period: Quarter ended 31st March, 2026
Regulation: SEBI Regulation 74(5)
Filing Date: 8th April, 2026
Registrar: MUFG Intime India Private Limited

Registrar Confirmation

MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited), serving as the company's registrar and share transfer agent, issued the confirmation certificate on 3rd April, 2026. The certificate was signed by S. R. Billimoria, Sr. Associate Vice President of MUFG Intime India.

Certificate Details

The registrar confirmed several key compliance aspects for the quarter:

  • Securities received from depository participants for dematerialisation were properly confirmed to the depositories
  • All securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are listed
  • Security certificates received for dematerialisation were duly verified, mutilated and cancelled by the depository participant
  • The name of depositories was substituted in the register of members for dematerialised securities within prescribed timelines

Corporate Filing

The submission was made by Mahipal Thakur, Company Secretary and Compliance Officer of Siyaram Silk Mills Limited. The filing ensures the company remains compliant with SEBI's quarterly reporting requirements for depositories and participants regulations.

This routine compliance filing demonstrates the company's adherence to regulatory frameworks governing dematerialisation processes and investor protection measures mandated by SEBI.

Historical Stock Returns for Siyaram Silk Mills

1 Day5 Days1 Month6 Months1 Year5 Years
+4.97%+23.29%+5.29%-28.22%-22.61%+184.44%

Will Siyaram Silk Mills' consistent regulatory compliance help attract institutional investors in the upcoming quarters?

How might the textile industry's digitalization trends impact Siyaram's dematerialization processes in future filings?

Could SEBI introduce stricter compliance requirements for textile companies given recent market volatility?

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

1 min read     Updated on 26 Mar 2026, 09:27 AM
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AI Summary

Promoter Abhishek S. Poddar has sold 3,15,000 equity shares of Siyaram Silk Mills Limited through open market transaction on March 23, 2026. The sale reduced his shareholding from 5,15,077 shares (1.14%) to 2,00,077 shares (0.44%) of the company's total share capital. The disclosure was made under SEBI regulations and communicated to both BSE and NSE on March 24, 2026, maintaining regulatory compliance for substantial shareholding changes.

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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.

Historical Stock Returns for Siyaram Silk Mills

1 Day5 Days1 Month6 Months1 Year5 Years
+4.97%+23.29%+5.29%-28.22%-22.61%+184.44%

What strategic factors might have motivated the promoter to reduce his stake by over 60% in Siyaram Silk Mills?

How could this significant promoter selling impact investor confidence and the stock's trading performance in the near term?

Will other promoters or institutional investors step in to acquire a larger stake following this shareholding reduction?

More News on Siyaram Silk Mills

1 Year Returns:-22.61%