Siyaram Silk Mills Limited — Updates, 29-07-2026: Scheme of Arrangement

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.