TMT (I) Ltd acquirers revise open offer dates to July

1 min read     Updated on 25 Jun 2026, 03:40 PM
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Acquirers Yoga Builders Private Limited, Scaffold Properties Private Limited, and Mk Profinlease Private Limited have revised the open offer dates for TMT (I) Ltd to acquire 26% stake. The offer opens on July 8, 2026, and closes on July 21, 2026, at Rs 10 per share. The revision follows SEBI observations, with other terms remaining unchanged.

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Acquirers comprising Yoga Builders Private Limited, Scaffold Properties Private Limited, and Mk Profinlease Private Limited have revised the timeline for the open offer to acquire up to 12,87,988 equity shares of TMT (I) Ltd. The offer targets 26.00% of the fully paid-up and voting share capital at a price of Rs 10 per fully paid-up equity share. The revised schedule shifts the opening of the offer to July 8, 2026, and the closure to July 21, 2026.

Navigant Corporate Advisors Limited issued the corrigendum to the detailed public statement on behalf of the acquirers in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The revision follows SEBI Observation Letter No. 1/14299/2026 dated June 19, 2026. The original detailed public statement was published on April 27, 2026.

The corrigendum updates several key dates in the offer schedule. The date for dispatching the letter of offer to shareholders is revised to July 1, 2026, while the last date for revising the offer price is now July 6, 2026. The identified date for determining shareholder eligibility is revised to June 23, 2026.

Revised Schedule of Activities

Activity Original Date Revised Date
Public Announcement 20.04.2026 20.04.2026
Publication of Detailed Public Statement 27.04.2026 27.04.2026
Last date of filing draft letter of offer with SEBI 05.05.2026 05.05.2026
Receipt of comments from SEBI on draft letter of offer 26.05.2026 19.06.2026
Identified date 29.05.2026 23.06.2026
Date of Opening of the Offer 12.06.2026 08.07.2026
Date of Closure of the Offer 25.06.2026 21.07.2026
Payment of consideration 10.07.2026 04.08.2026

All other terms and conditions of the open offer remain unchanged. Shareholders of TMT (I) Ltd, excluding the acquirers, sellers, and promoter group, are eligible to participate in the offer at any time before the closure of the offer. The final report from the merchant banker is now due on August 11, 2026.

What factors might have contributed to the significant delay in receiving SEBI's observations on the draft letter of offer?

How will the extended timeline impact the liquidity and trading volume of TMT (I) Ltd shares in the interim period?

Is there a possibility that the acquirers will revise the offer price of Rs 10 per share given the extended duration until the offer closure?

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TMT (India) board to meet on May 29 for Q4FY26 results

1 min read     Updated on 21 May 2026, 07:17 PM
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TMT (India) Limited will hold a board meeting on May 29, 2026, to approve audited financial results for the quarter and year ended March 31, 2026. The trading window for designated persons will reopen on June 1, 2026.

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TMT (India) Limited has announced that its board of directors will meet on May 29, 2026, to consider and approve the audited financial results for the quarter and fiscal year ended March 31, 2026. The meeting is scheduled to take place at the company's registered office located at the 1st Floor, Punnaiah Plaza, Road No.2, Banjara Hills, Hyderabad, Telangana.

Agenda for the Meeting

The primary agenda item for the upcoming board meeting is the consideration and approval of the audited financial results for the fourth quarter of the fiscal year 2026 and the full fiscal year 2026. This disclosure is being made in accordance with Regulation 29 of the Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Window Closure

In conjunction with the board meeting, the company has provided details regarding the trading window for its securities. The trading window for designated persons of the company, which had been closed from the end of the quarter in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, is set to reopen on June 1, 2026.

Key Meeting Details

Detail Information
Company Name TMT (India) Limited
Scrip Code 522171
Meeting Date May 29, 2026
Meeting Location Registered Office, Hyderabad
Purpose Audited Financial Results for Q4 and FY26
Trading Window Opens June 1, 2026

The notice was signed by Tumbalam Gooty Veera Prasad, Managing Director of TMT (India) Limited, on May 21, 2026.

How might TMT (India) Limited's FY26 financial results compare to its previous fiscal year performance, and what revenue or profitability trends could emerge?

Following the trading window reopening on June 1, 2026, will insider buying or selling activity signal management's confidence in the company's financial outlook?

Could the approval of audited FY26 results trigger any dividend announcements or capital allocation decisions by TMT (India) Limited's board?

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