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Incorporated in 2005, Sai Silks (Kalamandir) Limited provides ethnic apparel and value-fashion products through its four store formats -‘Kalamandir‘, ‘VaraMahalakshmi Silks‘, ‘Mandir‘ and ‘KLM Fashion Mall''.
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Doodeswara Kanaka Durgarao Chalavadi, part of the promoter group of Sai Silks (Kalamandir) Limited, has transferred 57,78,955 equity shares via off-market transfer to M/s SSKL Family Trust, also within the promoter group. This transaction reduces his shareholding from 3.77% to zero. The transfer was done without consideration and is disclosed...