Siyaram Silk Mills Limited increase buyback price to Rs. 720

The Buyback Committee of Siyaram Silk Mills Limited at its meeting held today i.e., September 14, 2023 has approved the increase in Buyback Price from ₹ 650/- (Rupees Six Hundred Fifty only) per Equity Share to ₹ 720/- (Rupees Seven Hundred Twenty Only) per Equity Share.

The maximum number of Equity Shares proposed to be bought back by the Company has been reduced from 16,61,530 (Sixteen Lakhs Sixty One Thousand Five Hundred Thirty) fully paid-up Equity Shares to 14,99,992 (Fourteen Lakhs Ninety Nine Thousand Nine Hundred Ninety Two) Equity Shares representing 3.20% of the total number of Equity Shares of the Company.

Shares of Siyaram Silk Mills Limited was last trading in BSE at Rs. 588.65 as compared to the previous close of Rs. 575.65. The total number of shares traded during the day was 25156 in over 1335 trades.

The stock hit an intraday high of Rs. 600.50 and intraday low of 575.70. The net turnover during the day was Rs. 14872560.00.

Source : Equity Bulls

Keywords

SiyaramSilkMills INE076B01028 Textiles Buyback PriceRevision Increase QuantityReduction