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Incorporated in 1946, Eastern Silks Ltd manufactures silk fabrics and other related textile products
EASTSILK promoter Baumann Dekor sold 1,38,660 shares (2.77%) via OFS for Rs. 87.36 Lakh. This move aims to comply with public shareholding norms. Promoter holding is now 92.23%.
Eastern Silk's promoter will sell 2.5 lakh equity shares (5% stake) through an OFS on NSE. The floor price is Rs. 63/share. This sale, valued at Rs. 1.58 Cr, aims to meet minimum public shareholding norms.