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.

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.