DPP Enterprises LLP acquired 3,15,000 equity shares of Siyaram Silk Mills Limited on March 23, 2026, through open market purchase, increasing its shareholding from 0.29% to 0.98%. The promoter entity filed the mandatory disclosure under SEBI Takeover Regulations with BSE and NSE on March 24, 2026. The acquisition represents 0.69% of Siyaram Silk Mills' total voting capital.

DPP Enterprises LLP Acquires 3,15,000 Equity Shares of Siyaram Silk Mills Limited

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

Company Information

Siyaram Silk Mills Limited, incorporated under the Companies Act, 1956, holds Corporate Identity Number CIN: L17116MH1978PLC020451. The company's registered office is located at H-3/2, MIDC, 'A' Road, Tarapur, Borivali, Palghar - 401506, Maharashtra, India.

The scheme of arrangement represents a significant corporate restructuring initiative that requires judicial approval from the NCLT. The hearing will determine whether the proposed arrangement serves the interests of the company and its shareholders in accordance with applicable legal provisions.

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