Intimation of Record Date for Allotment of Bonus Preference Shares
BONUS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 01 Aug 2026, 05:29 PM IST · BSE ID: 204e9e5b-d18d-450f-af05-0f51c606d8c3
View Original BSE Filing (PDF)
💡
In Simple Terms
The company will give bonus preference shares to shareholders on August 22, 2026, as approved by the NCLT.
🤖 AI Summary
- Record date fixed August 22, 2026, for bonus preference share allotment.
- Scheme effective July 30, 2026, following NCLT order approval.
- Four 9% cumulative non-convertible redeemable preference shares for every equity share.
- Bonus preference shares have a face value of ₹ 10 each, redeemable within 3 years.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Face Value of Preference Shares
₹ 10
Redemption Period for Preference Shares
on or before expiry of 3 years from the date of allotment
Interest Rate on Preference Shares
9%
🏢 How This Affects the Company
The company will utilize general reserves to allot bonus preference shares, impacting the equity structure and reserves without immediate cash outflow. Redemption within three years will necessitate future cash planning.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders as the shares will be allotted based on their holdings on the record date.
👤
Who Is Affected
Equity shareholders whose names are recorded in the register of members on August 22, 2026, will be entitled to receive the bonus preference shares.
🔍
Management Signal
Management is proceeding with corporate actions to reward shareholders by utilizing reserves for bonus share issuance.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Confirmation of bonus preference share allotment post record date.
Details on the effective date of the NCLT sanctioned scheme.
Company announcements regarding future redemption of preference shares.
LOW RISK
This is a routine corporate action for bonus share issuance.
💡 Investor Takeaway
Siyaram Silk Mills sets August 22, 2026, as the record date for bonus preference shares, issuing 9% cumulative non-convertible redeemable preference shares of ₹ 10 each.
⚖️ Strengths & Concerns
✅ Positives
- Bonus preference share allotment utilizes company reserves, avoiding immediate cash outlay.
- Preference shares are cumulative and redeemable within three years, providing a defined timeline.
❓ Frequently Asked Questions
What is the record date for Siyaram Silk Mills' bonus preference shares?
The record date for determining eligible shareholders for bonus preference shares is August 22, 2026.
How many bonus preference shares will Siyaram Silk Mills shareholders receive?
Shareholders will receive 4 (four) 9% cumulative non-convertible redeemable preference shares of face value ₹ 10 each for every 1 (one) equity share held.
When is the scheme for bonus preference shares effective?
The scheme for bonus preference shares became effective from July 30, 2026, following the NCLT order.
What is the redemption period for the bonus preference shares?
The bonus preference shares are redeemable on or before the expiry of 3 years from the date of allotment.
Questions based on this BSE filing only. For information purposes.