Rameshkumar D Poddar acquisition in Siyaram Silk Mills disclosed under SEBI takeover norms
Rameshkumar D Poddar filed a disclosure with the NSE under SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, Regulation 10(6), which permits certain acquisitions without triggering the standard 5% open-market disclosure threshold. The filing was submitted on 18 August 2026 and relates to acquisition(s) made in reliance on exemptions provided under Regulation 10 of the SAST Regulations. The specific acquisition value, share count, and exemption basis are not detailed in the headline disclosure; further schedules or follow-up filings would clarify the transaction size and exempt category.
Why it mattersAcquisition relied on a Regulation 10 exemption (likely a non-controlling minority stake or permitted transfer), flagging that not all equity transfers trigger full takeover disclosure-review exemption scope and backstop disclosure obligations.
Counsel—
SectorConsumer & Retail
[object Object][object Object][object Object][object Object][object Object][object Object][object Object]
Sources
- NSE Archives (NSE ISIN/Disclosure) · official
- SEBI - Substantial Acquisition of Shares and Takeover Regulations, 2011 · official
Related deals
- <cite index="1-3">Nitco and House of Abhinandan Lodha enter MoU for 40-acre mixed-use development at Thal and Lonare in Alibaug</cite>26 Aug 2026 · ₹4,500 cr (combined revenue potential over 5 years)
- Time Technoplast Board Approves ₹50 Cr Equity Investment in Time Intercontinental26 Aug 2026 · ₹50 cr
- Silgo Retail Limited: General Updates26 Aug 2026
- Future Consumer Limited: Corporate Insolvency Resolution Process26 Aug 2026
- Honasa Consumer proposes acquisition of Fluence Pharma25 Aug 2026
- Prataap Snacks Limited: Acquisition Update25 Aug 2026