Back
Corporate News
Siyaram Silk Mills to allot bonus preference shares following NCLT approval
25-Aug-2026, 07:14
Siyaram Silk Mills Limited has approved the allotment of bonus preference shares to its equity shareholders, according to a regulatory filing on August 25, 2026. The allotment, which follows approval by the National Company Law Tribunal, Mumbai Bench, includes four 9% cumulative non-convertible redeemable preference shares with a face value of Rs 10 each for every one equity share held, redeemable on or before August 24, 2029, and three 9% cumulative non-convertible redeemable preference shares with a face value of Rs 10 each, redeemable on or before August 24, 2031. The company will seek listing and trading of the preference shares on the BSE Limited and the National Stock Exchange of India Limited.
Siyaram Silk Mills Limited has approved the allotment of bonus preference shares to its equity shareholders, according to a regulatory filing on August 25, 2026. The allotment, which follows approval by the National Company Law Tribunal, Mumbai Bench, includes four 9% cumulative non-convertible redeemable preference shares with a face value of Rs 10 each for every one equity share held, redeemable on or before August 24, 2029, and three 9% cumulative non-convertible redeemable preference shares with a face value of Rs 10 each, redeemable on or before August 24, 2031. The company will seek listing and trading of the preference shares on the BSE Limited and the National Stock Exchange of India Limited.