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SIYARAM SILK MILLS LTD.-$ - 503811 - Announcement under Regulation 30 (LODR)-Newspaper Publication

 Pursuant to Regulation 47 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed newspaper advertisement of the Extract of Unaudited Financial Results of the Company for the quarter and half year ended 30th September, 2022 published in the Newspapers viz The Economic Times and Maharashtra Times on 4th November, 2022.
04-11-2022
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SIYARAM SILK MILLS LTD.-$ - 503811 - Announcement under Regulation 30 (LODR)-Investor Presentation

 Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith Investor Presentation on the Unaudited Financial Results of the Company for the quarter and half year ended 30th September, 2022. The Investor Presentation is also available on the website of the Company i.e. www.siyaram.com.
04-11-2022
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SIYARAM SILK MILLS LTD.-$ - 503811 - Announcement under Regulation 30 (LODR)-Investor Presentation

 Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith Investor Presentation on the Unaudited Financial Results of the Company for the quarter and half year ended 30th September, 2022. The Investor Presentation is also available on the website of the Company i.e. www.siyaram.com.
04-11-2022
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SIYARAM SILK MILLS LTD.-$ - 503811 - Announcement under Regulation 30 (LODR)-Newspaper Publication

 Pursuant to Regulation 47 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed newspaper advertisement of Record Date for the purpose of payment of 1st Interim Dividend of Rs.4/-(200%) per equity share on the Paid up Equity Shares of Rs. 2/- each, for the Financial Year 2022-23, declared by the Board of Directors of the Company at their meeting held on 3rd November, 2022 published in the Newspapers viz Navshakti and The Free Press Journal on 4th November, 2022.
04-11-2022

Siyaram Silk Mills soars 16% on robust financials reported in Q2

 The firm added that domestic market demand remains buoyant with increasing traction from the export market as well. Company continues its efforts to increase revenue pie from both of them simultaneously.
04-11-2022
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Q2FY23 Quarterly Result Announced for Siyaram Silk Mills Ltd.

 Textiles company Siyaram Silk Mill announced Q2FY23 results: Revenue for Q2FY23 was higher by 32% YoY and 45% YoY for H1FY23. An all-around performance in the fabric and apparel business led to this strong revenue growth. Domestic market demand remains buoyant with increasing traction from the export market as well. The company continues its efforts to increase revenue pie from both of them simultaneously. EBITDA for Q2FY23 was higher by 41% YoY and 47% for H1FY23. Efficient marketing strategy and positioning helped in margin expansion. PAT for Q2FY23 was higher by 52% YoY and 70% for H1FY23 YoY. Commenting on financial results, Mr Ramesh Poddar, Chairman & Managing Director, Siyaram Silk Mills, said, "The financial performance for H1FY23 has been quite encouraging. Our both Fabric and Apparels businesses are performing well. On the Fabric front, both Trade and Retail have witnessed an encouraging trend led by higher secondary sales and strong retail footfalls in MBOs. Our volumes and realisation both have seen robust growth. Double-digit volume growth testifies to our marketing and product positioning strategy to reach a more extensive customer base. The higher realisation is a result of our premiumisation benefits. Delivering customer needs of quality and fashionable products at a price is aiding our roadmap of premiumisation. The Company's Apparel division has been exhibiting strong performance. Its continued focus on Tier II & III cities and its positioning among aspiring Indians have made the brand more reachable and acceptable among the masses. The Company's tactical decision to reduce EOSS has helped in improving profitability. Along with profitability, it has also led to stability in earnings. Overall, medium to long-term growth opportunities are encouraging, and we expect demand to remain buoyant going ahead in the current fiscal year". Result PDF
04-11-2022
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SIYARAM SILK MILLS LTD.-$ - 503811 - Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)

 Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 enclosed herewith is a copy of the Press Release on the Approved Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended 30th September, 2022 to be distributed to the media, contents of which are self-explanatory. This intimation is also being uploaded on the Company's website at www.siyaram.com
03-11-2022
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SIYARAM SILK MILLS LTD.-$ - 503811 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

 Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 enclosed herewith is a copy of the Press Release on the Approved Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended 30th September, 2022 to be distributed to the media, contents of which are self-explanatory. This intimation is also being uploaded on the Company's website at www.siyaram.com.
03-11-2022
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SIYARAM SILK MILLS LTD.-$ - 503811 - Corporate Action-Board approves Dividend

 This is to inform you that our Board at its meeting held on Thursday, 3rd November, 2022, has inter alia 1. Approved Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and half year ended 30th September, 2022. We are enclosing herewith duly signed Results for the quarter and half year ended 30th September, 2022 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). 2. Considered and declared 1st Interim Dividend of Rs.4/- (200%) per equity share on the Paid up Equity Shares of Rs. 2/- each, for the Financial Year 2022-23. The Interim Dividend will be credited/paid/ dispatched on or after 23rd November, 2022 as per applicable provisions of Companies Act, 2013, to such shareholders as on Record Date i.e. 14th November, 2022. The meeting commenced at 4.30 p.m. and concluded at 6.15 p.m.
03-11-2022
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SIYARAM SILK MILLS LTD.-$ - 503811 - Results - Financial Results For The Quarter And Half Year Ended 30Th September, 2022

 This is to inform you that our Board at its meeting held on Thursday, 3rd November, 2022, has inter alia 1. Approved Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and half year ended 30th September, 2022. We are enclosing herewith duly signed Results for the quarter and half year ended 30th September, 2022 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). 2. Considered and declared 1st Interim Dividend of Rs.4/- (200%) per equity share on the Paid up Equity Shares of Rs. 2/- each, for the Financial Year 2022-23. The Interim Dividend will be credited/paid/ dispatched on or after 23rd November, 2022 as per applicable provisions of Companies Act, 2013, to such shareholders as on Record Date i.e. 14th November, 2022. The meeting commenced at 4.30 p.m. and concluded at 6.15 p.m.
03-11-2022
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