Tarmat Limited has notified the National Stock Exchange of India Limited and BSE Limited regarding the demise of Mrs. Saramma Varghese, an individual belonging to the company's Promoter and Promoter Group. The company received official intimation of her passing on August 4, 2026, noting that the demise occurred on August 3, 2026. This disclosure impacts the promoter group's aggregate holding structure, as Mrs. Varghese held a significant 4.19% stake in the infrastructure and real estate developer.

The intimation was filed pursuant to Regulation 30 read with Regulation 31A(6)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Under these regulations, the death of a promoter or person belonging to the promoter group results in that individual automatically ceasing to be included as a promoter or member of the promoter group. The filing was signed by Shivatosh Narewsar Chakraborty, the Company Secretary & Compliance Officer of Tarmat Limited.

At the time of her demise, Mrs. Saramma Varghese held the following equity shares in the company:

The company stated that necessary procedural formalities regarding the transmission of shares are being initiated. This process involves coordinating with the Registrar and Share Transfer Agent (RTA) to update the shareholding records accordingly. Investors should note that until the transmission is complete, the shares will remain in the name of the deceased holder, subject to legal succession processes.

Regulatory Compliance

Tarmat Limited’s disclosure ensures transparency regarding changes in the promoter group structure, which is critical for market participants assessing control and ownership stability. The automatic cessation of promoter status upon death is a standard provision under SEBI LODR norms, designed to maintain accurate public records of beneficial ownership. The company continues to operate normally, with no immediate impact on day-to-day business operations expected from this personnel change within the promoter group.

Tarmat Ltd disclosed on April 08, 2026, that its promoter group has not encumbered any shares, directly or indirectly, during the financial year ended March 31, 2026. The declaration ensures that the shareholding structure of the promoters remains free from pledges or other charges, which is a key compliance requirement under market regulations.

The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited pursuant to Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation mandates an annual declaration from promoters regarding the status of their shareholdings.

Declaration Details

The confirmation was provided by Mr. Jerry Varghese, Promoter and Chairman of the company, on behalf of the Promoter and Promoter group. The statement explicitly declares that as on March 31, 2026, no shares were encumbered during the specified financial year.

The filing was signed by Shivatosh Nareswar Chakraborty, Company Secretary of Tarmat Ltd , and addressed to the corporate relationship and listing departments of the respective stock exchanges.