Eastern Silk Industries Ltd has submitted comprehensive regulatory disclosures under SEBI SAST Regulations following promoter Baumann Dekor Private Limited's disposal of 111340 equity shares worth ₹69.48 lakh through open market sale. The transaction reduced promoter shareholding from 92.22% to 89.99%, successfully achieving the mandatory 10% minimum public shareholding requirement as per securities regulations.

Eastern Silk Industries Files SEBI SAST Disclosure for Promoter Share Sale

Eastern Silk Industries Ltd has filed mandatory regulatory disclosures under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 following the disposal of 111340 equity shares by its promoter entity. The Kolkata-based textile company submitted comprehensive documentation to both NSE and BSE on April 08, 2026, detailing the transaction executed to achieve minimum public shareholding compliance.

SEBI SAST Regulatory Disclosure

The disclosure was filed under Regulation 29(2) of SEBI SAST Regulations, 2011 and Regulation 7(2) of Prohibition of Insider Trading 2015. Baumann Dekor Private Limited, the promoter entity, disposed of 111340 equity shares of face value ₹2 each through open market transactions on April 06, 2026.

Transaction Overview: Details Disposing Entity: Baumann Dekor Private Limited Shares Disposed: 111340 equity shares Face Value: ₹2 per share Transaction Value: ₹69,47,616 Transaction Date: April 06, 2026 Method: Open market sale

Shareholding Pattern Changes

The detailed SEBI disclosure reveals significant changes in the promoter shareholding structure. Before the transaction, Baumann Dekor Private Limited held 4611334 equity shares representing 92.22% of the total shareholding. Post-transaction, the holding reduced to 4499994 shares, constituting 89.99% of total equity.

Shareholding Details: Before Transaction After Transaction Baumann Dekor Holdings: 4611334 shares (92.22%) 4499994 shares (89.99%) PACs Holdings: 6 shares (0.00012%) 6 shares (0.00012%) Total Promoter Group: 4611340 shares (92.22%) 4500000 shares (90.00%) Public Shareholding: 7.78% 10.00%

Regulatory Compliance Framework

The share disposal was undertaken to achieve compliance with minimum public shareholding (MPS) norms as specified in Rule 19A(5) of Securities Contracts (Regulations) Rules, 1957 and Regulation 38 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The transaction ensures the company maintains the mandatory 10% minimum public shareholding requirement.

Company Structure and Market Presence

Eastern Silk Industries Ltd, incorporated in 1946, maintains its registered office at 19, R. N. Mukherjee Road, Kolkata. The company's equity share capital stands at ₹1,00,00,000 comprising 50,00,000 equity shares of ₹2 face value each, with trading on both NSE (Symbol: EASTSILK) and BSE (Scrip Code: 590022).

Corporate Information: Details CIN: L17226WB1946PLC013554 ISIN: INE962C01035 Incorporation: 1946 Paid-up Capital: ₹1,00,00,000 Total Equity Shares: 50,00,000 Website: www.easternsilk.com

The formal disclosures were digitally signed by Company Secretary Nitin Dubey for Eastern Silk Industries and Director Sunil Kumar (DIN: 09424480) for Baumann Dekor Private Limited, ensuring complete regulatory transparency and compliance with securities market regulations.

Eastern Silk Industries Limited has successfully completed the disposal of 1,38,660 equity shares by its promoter Baumann Dekor Private Limited through the National Stock Exchange's Offer for Sale (OFS) mechanism. The transaction, executed on March 18-19, 2026, represents 2.77% of the company's total issued and paid-up equity share capital and was undertaken to achieve compliance with minimum public shareholding requirements.

Transaction Details and Impact

The completed OFS has resulted in a significant change in the promoter's shareholding structure. Baumann Dekor Private Limited's stake has been reduced from 47,49,994 equity shares to 46,11,334 equity shares, representing a decrease from 95% to 92.22% of the total shareholding.

Parameter: Before OFS After OFS Change Shares Held: 47,49,994 46,11,334 -1,38,660 Shareholding %: 95.00% 92.22% -2.77% Transaction Value: - ₹87,35,580 - Face Value per Share: ₹2 ₹2 -

Regulatory Compliance and Disclosures

The transaction has been disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and Regulation 7(2) of Prohibition of Insider Trading Regulations, 2015. The disposal was executed to achieve compliance with minimum public shareholding norms as specified in Rule 19A(5) of Securities Contracts (Regulations) Rules, 1957.

Regulatory Aspect: Details Transaction Period: March 18-19, 2026 Exchange: National Stock Exchange Company Notification: March 20, 2026 ISIN Code: INE962C01035 Scrip Code (BSE): 590022 Symbol (NSE): EASTSILK

Promoter Group Structure

The promoter group includes Baumann Dekor Private Limited as the primary seller, along with Persons Acting in Concert (PACs) comprising Consilio Resources Private Limited, Dorato Infrastructure Private Limited, VFM Infraventures Private Limited, and individual promoters Ajay Bikram Singh, Veenu Kanwar, and Abhay Singh. The PACs collectively hold a minimal stake of 6 shares representing 0.00012% of the total equity.

Company Capital Structure

Eastern Silk Industries Limited maintains a total equity share capital of ₹1,00,00,000 comprising 50,00,000 equity shares of face value ₹2 each. The capital structure remains unchanged post-transaction, with the OFS representing a transfer of existing shares rather than fresh issuance. The company is listed on both NSE and BSE, with its registered office located at 19, R.N. Mukherjee Road, Kolkata.

Source: Company disclosure filings dated March 20, 2026

We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.

Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.

As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.