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Siyaram Silk Mills Ltd is a Textile manufacturing company. It is engaged in manufacturing fabrics and readymade garments, especially in the men’s wear section.The Company exports to countries like UAE, Australia, Bahrain, Bangladesh, Cambodia, Canada, etc.
Siyaram Silk Mills corrected the NCLT sanctioning date for its Scheme of Arrangement. The order, which pertains to Bonus Preference Shares, was previously noted with an incorrect year. All other details of the scheme remain unchanged, clarifying the timeline for this key corporate action.
Siyaram Silk Mills posted strong Q1 financial results: Total Income rose 16.4% to ₹466 Cr, EBITDA climbed 22.3% to ₹40 Cr, and PAT surged 144.4% to ₹11 Cr. The company expanded its retail footprint by adding 5 new stores, targeting 70 outlets by FY27.
SIYSIL's scheme to issue bonus preference shares is sanctioned. Shareholders receive 7 new preference shares (4 Series I, 3 Series II) for every 1 equity share, funded by general reserves. This rewards investors and optimizes surplus funds. Authorized capital will rise to INR 328.84 Cr.
Siyaram Silk Mills' scheme to issue bonus preference shares has been sanctioned by NCLT. Shareholders receive 4 Series I (Rs. 10 FV) and 3 Series II (Rs. 10 FV) preference shares for every 1 equity share (Rs. 2 FV). This rewards investors by utilizing surplus reserves.
Siyaram Silk Mills' FY26 BRSR shows strong ESG performance: energy/GHG intensity improved, `3.67 Cr capex in green tech (solar, EVs). Achieved 51.56% sustainable sourcing, zero safety incidents, and 19.76% reduction in customer complaints. All employees/workers paid above minimum wage.