Promoter Dilip Varghese has increased his shareholding in Tarmat Limited through an open market acquisition of equity shares, as disclosed in comprehensive regulatory filings dated March 4, 2026. The transaction was conducted under multiple SEBI regulations, including the Prohibition of Insider Trading Regulations, 2015 and Substantial Acquisition of Shares and Takeovers Regulations, 2011.

Transaction Overview

The acquisition involved the purchase of 13,000 equity shares, representing 0.05% of the company's total share capital. The transaction was executed on February 23, 2026, through open market purchase with a total transaction value of ₹7,13,570.00.

Shareholding Pattern Changes

Following this acquisition, Varghese's total shareholding in Tarmat Limited has increased from 5.21% to 5.26%. The detailed shareholding comparison shows the impact of this transaction on his overall stake in the company.

Regulatory Compliance Framework

The disclosure was made under multiple SEBI regulations, demonstrating comprehensive compliance with regulatory requirements. The company secretary S. Chakraborty filed the disclosure under Regulation 7(2)(b) of SEBI (PIT) Regulations, 2015, while Varghese personally submitted his disclosure under Regulation 7(2)(a) of the same regulations.

Company Information

Tarmat Limited's shares are listed on both BSE Limited and National Stock Exchange of India Limited. The company's total equity share capital remains unchanged at ₹25,06,42,550 both before and after this acquisition, with the ISIN code INE924H01018.

This acquisition represents a modest increase in the promoter's stake, maintaining his position as a significant shareholder in Tarmat Limited while adhering to all regulatory disclosure requirements under both insider trading and substantial acquisition regulations.

Tarmat Limited promoter director Dilip Varghese has disclosed another significant acquisition of equity shares under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The latest acquisition on February 24, 2026, represents a more substantial purchase compared to his previous transaction on February 20, 2026.

Latest Share Acquisition Details

The recent acquisition involved 17,000 equity shares representing 0.07% of Tarmat Limited's paid-up equity share capital. The transaction was executed through open market purchase on February 24, 2026, with a total value of ₹9.35 lakh.

Updated Shareholding Position

Following the February 24 acquisition, Dilip Varghese's total shareholding in Tarmat Limited increased from 1,288,937 shares to 1,305,937 shares, raising his percentage stake from 5.14% to 5.21%.

Regulatory Compliance and Disclosure

The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Both the company and Dilip Varghese submitted formal disclosures to BSE Limited and National Stock Exchange of India Limited on February 25, 2026. Varghese, identified as a promoter group member, submitted the disclosure from his Mumbai address at Sony Apt, Bandra West.

The company's equity share capital remained unchanged at INR 25.06 crore before and after the transaction. The disclosure confirms no encumbrances, warrants, or convertible securities were involved in this transaction. Tarmat Limited's shares are listed on both BSE Limited and National Stock Exchange of India Limited.