SIYARAM SILK MILLS LIMITED ANNOUNCES BONUS PREFERENCE SHARE ALLOTMENT

The company's Allotment Committee approved the allotment of bonus preference shares. This is in accordance with the Scheme of Arrangement approved by the National Company Law Tribunal. • 4 (four) 9% cumulative non-convertible redeemable preference shares of face value ₹10/- each for every 1 equity share of face value ₹2/- • Redeemable on or before expiry of 3 years from the date of allotment (“Preference Shares – Series I”) • 3 (three) 9% cumulative non-convertible redeemable preference shares of face value ₹10/- each for every 1 equity share of face value ₹2/- • Redeemable on or before expiry of 5 years from the date of allotment ("Preference Shares – Series II") Impact: Neutral (Procedural announcement regarding bonus preference share allotment as per approved scheme)

Siyaram Silk Mills Limited

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