SIYARAM SILK MILLS LTD.-$ - 503811 - Board Meeting Outcome for Outcome Of Board Meeting Held On 12Th August, 2023.
This is to inform you that our Board at its meeting held on Saturday, 12th August 2023, has inter alia approved Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended 30th June, 2023. We are enclosing herewith duly signed Results for the quarter ended 30th June, 2023 as approved by the Board along with Independent Auditor's Review Report issued by Statutory Auditors, M/s. Jayantilal Thakkar & Co., Chartered Accountants (Firm Reg No. 104133W). We further inform you that the Board of Directors of the Company have, inter alia, approved the Buy-back of up to 16,61,530 fully paid-up Equity Shares of face value of ?2/- each by the Company (representing 3.54% of the total number of Equity Shares of the Company) at a price of ? 650/- (Rupees Six Hundred Fifty Only) per Equity Share payable in cash for a total consideration not exceeding ? 107,99,94,500/- (Rupees One Hundred Seven Crores Ninety Nine Lakhs Ninety Four Thousand Only) .12-08-2023