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Siyaram Silk Mills’ scheme takes effect July 30, 2026, per NCLT order
01-Aug-2026, 06:19
Siyaram Silk Mills Limited announced that the scheme was made effective from July 30, 2026, following receipt of a certified copy of the National Company Law Tribunal, Mumbai Bench order dated July 21, 2026. The company has fixed August 22, 2026, as the record date for determining eligible shareholders who will receive bonus preference shares, with shareholders receiving either four 9% cumulative non-convertible redeemable preference shares or three 9% cumulative non-convertible redeemable preference shares for each equity share held.
Siyaram Silk Mills Limited announced that the scheme was made effective from July 30, 2026, following receipt of a certified copy of the National Company Law Tribunal, Mumbai Bench order dated July 21, 2026. The company has fixed August 22, 2026, as the record date for determining eligible shareholders who will receive bonus preference shares, with shareholders receiving either four 9% cumulative non-convertible redeemable preference shares or three 9% cumulative non-convertible redeemable preference shares for each equity share held.