Siyaram Silk Mills Buyback Aug 2023

The Record Date for Siyaram Silk Mills Limited Buyback offer is 18th Sep 2023

Which means you should hold the Siyaram Silk Mills Limited share in your demat account by closing session of 18th Sep 2023. Share purchased on and before (18th Sep 2023) - 2 business days will be available in your demat account by 18th Sep 2023.

Steps to participate in Siyaram Silk Mills Limited buyback:

1. On Record date (18th Sep 2023) you must have share of Siyaram Silk Mills Limited in your demat account/physical form. Depositing of share in your DP account usually take T+2 days, so you need to plan your buying accordingly.
2. After that company announces buyback open and close window, so you need to tender your share in buyback process. You can do this online or contact your broker to tender your share in buyback, so he can place a request on your behalf.
3. Next step is with registrar - depend on buyback acceptance ratio, your shares will be sold in buyback process and fund will directly debited in your bank account. Any rejected share will be revert in your demat account which you can sell in open market or hold for long term gain.

Share holders who hold less than 2 lakh worth of shares are consider in Retail Category. All others will consider in General Category. Last trading price on record date will be used to calculate the eligibility criteria.

Buyback opening date for Siyaram Silk Mills Limited: 25th Sep 2023

Buyback closing date for Siyaram Silk Mills Limited: 3rd Oct 2023

This is the window when you need to submit your application for proposal for share buyback. If you are submitting tender forms or submitting physical share certificates, it must reach to registrar by .

As this is a buyback tender offer, shares are accepted in proportionate basis. Proportionate acceptance / rejection will be returned back to the eligible shareholders directly by the Registrar on or before 9th Oct 2023.

Buyback opening date for Siyaram Silk Mills Limited: 25th Sep 2023

Buyback closing date for Siyaram Silk Mills Limited: 3rd Oct 2023

This is the window when you need to submit your application for proposal for share buyback. If you are submitting tender forms or submitting physical share certificates, it must reach to registrar by .