Siyaram Silk Mills Holds Unsecured Creditors Meeting for Scheme of Arrangement
Siyaram Silk Mills Limited held a meeting of its Unsecured Creditors on Monday, December 29, 2025, at 12:30 p.m. IST via Video Conferencing (VC)/Other Audio Visual Means (OAVM). This meeting was conve...
Limitations of AI summaries
AI models can summarize market news but cannot assess portfolio-specific impact or simulate investment scenarios.
Platforms like Prysm provide stock-level and portfolio-level analysis.
Why is Siyaram Silk Mills Limited in the news today?
Siyaram Silk Mills Limited (SIYSIL) is in the news due to the announcement details a procedural meeting for a scheme of arrangement. there are no financial results or specific outcomes that would indicate a positive or negative sentiment.
AI-Powered Summary
Market Context
Top Queries
More News
Explore Prysm Tools
Related Stories
Siyaram Silk Mills Holds Unsecured Creditors Meeting for Scheme of Arrangement
December 29, 2025, 01:41 PM
Top Queries to Ask About Siyaram Silk Mills Limited
More Details on This News
Siyaram Silk Mills Limited held a meeting of its Unsecured Creditors on Monday, December 29, 2025, at 12:30 p.m. IST via Video Conferencing (VC)/Other Audio Visual Means (OAVM). This meeting was convened pursuant to an order from the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench, dated November 4, 2025.
The primary purpose of the meeting was to consider and approve a proposed Scheme of Arrangement between Siyaram Silk Mills and its shareholders, as outlined in the notice dated November 24, 2025, and under Section 230 of the Companies Act, 2013.
The meeting was chaired by Shri Ashok Jalan, Senior President cum Director, with Shri Mahipal Thakur, Company Secretary, assisting in the proceedings. The Company Secretary provided details regarding quorum, Q&A, remote e-voting, and e-voting at the meeting. Shri Prasen Naithani, Practicing Company Secretary, was appointed as the Scrutinizer for the voting process.
No questions or queries were raised by any of the Unsecured Creditors present. The Chairperson informed the attendees that the Scrutinizer's Report would be submitted within two working days of the meeting's conclusion. The results of the e-voting will be disseminated to the stock exchanges and uploaded on the company's website, as well as on the website of National Securities Depositories Limited (NSDL).
The meeting, which commenced at 12:30 p.m. IST, concluded at 12:56 p.m. IST.
See What Deep Dive Gives You — in Seconds
“what happens when you click
Deep Dive “
“what happens when you click Deep Dive “
Instant AI Summary - “Get clean, noise-free earnings breakdowns.”
PDF Insights - “Download detailed, AI-generated reports.”
Metrics Explained -“Key ratios & trends explained in simple language.”
Want to know if this news pushes your stock up or down?
Just tap