Tarmat Limited has disclosed that its promoter director Dilip Varghese acquired additional equity shares in the company through open market purchase. The transaction was completed on February 20, 2026, and disclosed to the stock exchanges under regulatory compliance requirements.

Share Acquisition Details

The acquisition involved 861 equity shares representing 0.003% of Tarmat Limited's paid-up equity share capital. The transaction was executed through open market purchase at a total value of ₹45,633.00.

Shareholding Position

Following the acquisition, Dilip Varghese's shareholding in Tarmat Limited has been updated. His total holding increased from 1,288,076 shares to 1,288,937 shares, while maintaining the same percentage stake in the company.

Regulatory Compliance

The disclosure was made under Regulation 7(2)(b) of Securities Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. Company Secretary S. Chakraborty submitted the requisite disclosure to both BSE Limited and National Stock Exchange of India Limited on February 23, 2026.

Dilip Varghese, identified as a promoter director of Tarmat Limited, also submitted his individual disclosure under Regulation 7(2)(a) of SEBI (PIT) Regulations, 2015. The company's shares are listed on both BSE Ltd. and National Stock Exchange Ltd., with the equity share capital remaining unchanged at ₹250,642,550 following this transaction.

Arton Global has disclosed a substantial acquisition in tarmat under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, significantly increasing its stake in the company through open market purchases.

Acquisition Details

The acquisition involved Arton Global purchasing 4,34,017 equity shares of Tarmat Ltd, representing 1.73% of the company's total share capital. This transaction increased Arton Global's holding from 13,61,197 shares (5.44%) to 17,95,214 shares (7.18%) of Tarmat's equity capital.

Transaction Timeline

The share purchases were executed over multiple dates spanning from October 2025 to February 2026. The acquisition dates included transactions on 13/10/25, 14/10/25, 15/10/25, 16/10/25, 17/10/25, 20/10/25, 04/11/25, 13/11/25, 20/11/25, 04/12/25, 05/12/25, 15/12/25, 13/01/26, 30/01/26, 02/02/26, 04/02/26, 05/02/26, and 09/02/26.

Company Structure

Tarmat Ltd maintains its equity share capital at 2.50 crore shares, which remained unchanged throughout the acquisition period. The company's shares are listed on both BSE (Scrip Code: 532869) and NSE (Scrip Code: TARMAT). Arton Global is not part of the promoter or promoter group of Tarmat Ltd.

Regulatory Compliance

The disclosure was filed on February 19, 2026, in compliance with SEBI regulations governing substantial acquisitions. The acquisition involved only equity shares carrying voting rights, with no involvement of warrants, convertible securities, or other instruments. No shares were encumbered during the transaction process.