T & I Global disclosed that Counter Cyclical Investments Private Limited increased its shareholding in the company to 9.50% through open market purchases on September 4, 2026.

The portfolio manager, acting along with its clients as persons acting in concert, acquired an additional 12,604 shares. This transaction raised their total voting rights from 9.25% to 9.50% of the total diluted share capital.

Acquisition Details

Counter Cyclical Investments, registered in Nagpur, filed the disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition was executed entirely in the open market.

The total equity share capital of T & I Global remained unchanged at 5,067,700 shares following the transaction. The acquirer confirmed it does not belong to the promoter or promoter group of the target company.

Parminder Pal Singh Bhatia, Director of Counter Cyclical Investments, signed the disclosure submitted to the Bombay Stock Exchange and the company.

T & I Global has issued a corrigendum to the notice for its 36th Annual General Meeting (AGM) scheduled for September 11, 2026. The update clarifies that shareholders are being asked to approve only a revision in the remuneration of Whole-time Director Mr. Viraj Bagaria, not a change to his appointment terms.

The company stated that Item No. 5 of the original notice inadvertently referred to a revision of the terms and conditions of Mr. Bagaria’s appointment along with his remuneration. The corrigendum, dated August 26, 2026, confirms that there is no modification to his existing tenure or any other terms of appointment.

Clarification on Agenda Item 5

The revised resolution under Item No. 5 seeks shareholder consent specifically for the revision of remuneration payable to Mr. Viraj Bagaria (DIN: 06628761), effective from October 1, 2026. The explanatory statement has been updated to remove references to modifying other appointment conditions.

For the avoidance of doubt, the company emphasized that all existing terms and conditions of Mr. Bagaria’s appointment, including his tenure, remain unchanged. The Board of Directors has been authorized to take necessary steps to give effect to this resolution.

Other AGM Details Unchanged

All other contents of the AGM notice and the explanatory statement remain unchanged and continue to be in full force. This includes the approval of audited financial statements for FY26, the reappointment of Mr. Harish Mittal as Director by rotation, and the ratification of cost auditor fees.

Shareholders are also expected to approve related-party transactions valued at up to ₹130 crore with M/s T & I Projects (P) Ltd., as well as the reappointment of Mr. Viraj Bagaria for a three-year term starting October 1, 2026, with an annual remuneration of ₹70 lakh. Additionally, authorization under Section 186 of the Companies Act, 2013, for loans and guarantees up to ₹100 crore remains on the agenda.

Voting Process

Remote e-voting will commence on September 7, 2026, at 9:00 am and conclude on September 10, 2026, at 5:00 pm. CS Smita Sharma has been appointed as the Scrutinizer to oversee the voting process. Results will be declared within 48 hours of the meeting's conclusion.