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About Siyaram Silk Mills
Incorporated in Jun.'78 as a private limited company, Siyaram Silk Mills (SSML) was converted into a public limited company in 1980. The company belongs to the Siyaram-Poddar group. Other group companies are Balkrishna Industries and Govind Rubber. Siyaram Finance is SSML's subsidiary.
The company manufactures and markets textiles, cotton, woollen synthetics and synthetic blends, etc. The main product of SSML is polyester blended worsted fabrics. In Jul.'93, SSML came out with a Rs 15.37-cr rights issue of 18% PCDs to part-finance the Rs 16.56 cr expansion-cum-modernisation project.
In 1998-99, the company installed 4 Sulzer Looms at Silvassa and 8 Dornier Looms at Tarapur Plants at a total cost of Rs 232 Lacs.
During 2000-01 the company has installed 16 Air Jet Looms along with the other preparatory machines at its silvassa plant. The total cost of the project is Rs.35 crores and this has been partly financed by bank and balance through internal accruals of the company. The balance 24 looms has commenced its commercial production in 2002-03.
Parent Organisation
Poddar
Managing Director
Ramesh D Poddar
Founded
1978
NSE Symbol
SIYSIL
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10th July, 2024
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10th July, 2024
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What is the share price of Siyaram Silk Mills Ltd (SIYSIL) shares?
Siyaram Silk Mills Ltd (SIYSIL) share price as of October 22, 2024, on NSE is Rs 507.8 (NSE) and Rs 507.8 (BSE) on BSE.
Can I buy Siyaram Silk Mills Ltd (SIYSIL) from Angel One?
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1. Direct investment: You can buy Siyaram Silk Mills Ltd (SIYSIL) shares by opening a Demat account with Angel One.
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