TTI Enterprise Limited has formally submitted applications to BSE Limited and Calcutta Stock Exchange Limited for reclassifying four promoter group entities from promoter category to public category under Regulation 31A of SEBI LODR Regulations 2015. The applications were submitted on February 16, 2026, following Board approvals granted during the meeting held on February 12, 2026.

Formal Application Submission

The company submitted reclassification applications for four promoter group entities that collectively hold minimal shareholding. These applications represent the formal regulatory step following the Board's earlier approval of the reclassification requests.

The combined shareholding of these four entities represents 0.18% of the company's paid-up equity share capital. All entities have confirmed they satisfy the conditions under Regulation 31A(3) of SEBI LODR Regulations, including holding less than 10% voting rights and having no control over company affairs.

Previous Reclassification Activities

This submission continues the company's ongoing promoter restructuring process. Earlier, the Board had approved reclassification of seven other promoter group entities, all holding nil shareholding in the company. These entities included Binjal Mehta, Paraj Mehta, Jitendra Kumar Mehta, Paraj Mehta HUF, Irawati Enterprises LLP, Meghnath Wealth Creators LLP, and Vaikundam Advisors LLP.

Financial Performance Overview

The company reported mixed financial performance for Q3FY26, with net profit after tax declining significantly to ₹0.45 lakhs from ₹63.87 lakhs in Q3FY25. Revenue from operations decreased marginally while total expenses increased substantially.

Regulatory Compliance Process

The reclassification applications are now under review by BSE Limited and Calcutta Stock Exchange Limited. Upon approval, the company will effect the reclassification in the Statement of Shareholding Pattern from the immediate succeeding quarter under Regulation 31 of SEBI LODR Regulations. The entities seeking reclassification have confirmed they have no special rights through formal or informal arrangements and are not represented on the Board of Directors.

Recent Corporate Changes

Alongside the promoter reclassification process, the company approved appointment of two new independent directors - Mr. Kushal Agrawal and Mr. Shashank Suhalka - for five-year terms effective February 12, 2026. The Board also accepted resignations from CFO Mr. Nikhil Kombath and two independent directors due to personal reasons. Additionally, the registered office was shifted to 3rd Floor, PNB House, 18B Brabourne Road, Kolkata.

TTI Enterprise Limited has announced a significant shareholding change following the complete divestment by promoter Kanakavally Prathapan. The transaction represents a substantial reduction in promoter holding, with regulatory filings submitted to BSE Limited and Calcutta Stock Exchange on February 6, 2026.

Transaction Details

Kanakavally Prathapan executed a complete sale of equity holdings in TTI Enterprise Limited through an off-market transaction on February 4, 2026. The transaction involved the disposal of the promoter's entire stake in the company.

Shareholding Pattern Changes

The transaction resulted in a complete exit of Kanakavally Prathapan from TTI Enterprise Limited's shareholding structure. The promoter's holding has been reduced from 9.86% to zero following this divestment.

Company Share Capital Structure

TTI Enterprise Limited's total equity share capital remains unchanged at 2,54,04,422 equity shares of ₹10 each. The company's shares are listed on BSE Limited (Script Code: 538597) and Calcutta Stock Exchange (Script Code: 030137).

Regulatory Compliance

The disclosure has been filed in accordance with multiple SEBI regulations:

• SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011: Under Regulation 29(2) read with Regulation 29(3)
• SEBI (Prohibition of Insider Trading) Regulations, 2015: Under Regulation 7(2) read with Regulation 6(2)

The promoter, based in Thrissur, Kerala, has fulfilled all regulatory requirements for the substantial shareholding change disclosure. The transaction represents a significant development in the company's ownership structure, with the complete exit of a key promoter from the shareholding pattern.