TMT India Ltd

Disposal Details

• Target Company: TMT (India) Limited.
• Disclosing Parties: Tumbalamgooty Veera Prasad; Naag Rohit; T G Aruna (Promoter Group, PAC).
• Transaction Type: Disposal of 17,36,400 equity shares.
• Pre-Transaction Holding: 17,36,400 equity shares (35.05%).
• Disposal Details: 17,36,400 shares sold; 35.05% voting rights.
• Mode of Sale: Off-market sale under SPA dated 20 Apr 2026.
• Date of Disposal: 19 Aug 2026.
• Acquirers: Yoga Builders Pvt Ltd; Scaffold Properties Pvt Ltd; MK Profinlease Pvt Ltd.
• Post-Transaction Holding: Promoter Group holdings NIL.
• Share capital before/after: Rs 4,95,38,000; 49,53,800 shares.
• Total Diluted Capital: Rs 4,95,38,000; 49,53,800 shares; no outstanding instruments.
• Encumbrances: NIL.
• Listed on BSE; Scrip Code 522171; Scrip ID TMTIND.

Filing context

• Issuer: TMT India Ltd; SAST Reg. 29(1) disclosure filed.

Reg 29(2) disclosure summary

• Target Company: TMT India Ltd.
• Disclosing Party: Yoga Builders Private Limited, non-promoter.
• Transaction Type: Acquisition of voting rights via equity shares, off-market.
• Pre-Transaction Holding: 7,61,990 shares (15.38% encumbrance).
• Acquired: 11,87,010 shares (23.97%), equity shares, off-market, on 19.08.2026.
• Post-Transaction Holding: 19,49,000 shares (39.35%).
• Date of Transaction: 19.08.2026.
• Equity share capital before/after: Rs 4,95,38,000 (49,53,800 shares).
• Total diluted share capital after: Rs 4,95,38,000.

Filing context

• Issuer: TMT India Ltd, Scrip code 522171
• Category: Insider Trading / SAST
• Subcategory: Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011

Disposal details

• Target Company: TMT (India) Limited.
• Disclosing Party: Ms. T G Aruna (promoter group) with PACs Veera Prasad and Naag Rohit.
• Transaction Type: Disposal of equity shares.
• Pre-Transaction Holding: 14,29,200 shares (28.85%).
• Encumbrances before disposal: 7IN.
• Details: Sold 7,14,600 equity shares (14.43%), off-market.
• Mode: Off Market.
• Post-Transaction Holding: 7,14,600 shares (14.43%).
• Encumbrances after disposal: NIL.
• Date of disposal: 17-08-2026.
• Pre/post equity capital: Rs 4,95,38,000; 49,53,800 shares.
• Total diluted capital: Rs 4,95,38,000; no outstanding instruments.

New appointments

• Mitesh Kothari appointed Chairman and Managing Director (Additional), effective 14 August 2026; 5-year term, subject to Members' regularization.
• Shakti Tiwari appointed Executive Director (Additional), effective 14 August 2026; 5-year term, subject to Members' regularization.
• Jigna Rajiv Shah appointed Executive Director (Additional), effective 14 August 2026; 5-year term, subject to Members' regularization.
• Rahul Visaria appointed Additional Independent Director, effective 14 August 2026; 5-year term, subject to Members' regularization.
• Deepak Gandhi appointed Additional Independent Director, effective 14 August 2026; 5-year term, subject to Members' regularization.
• Pradeep Kumar appointed Additional Independent Director, effective 14 August 2026; 5-year term, subject to Members' regularization.

Resignations

• Tumsalam Gooty Veera Prasad resigned as MD and Director, effective today post-hours; Open Offer-driven control change.
• Sunitha Markonda resigned as Independent Director, effective 20 August 2026 post completion of business hours.
• Bhim Shankaram Kanda resigned as Director (Professional), effective 20 August 2026 post completion of business hours.
• Mahipal Reddy Saddi resigned as Independent Director, effective 20 August 2026 post completion of business hours.

Committee reconstitution

• Board committees reconstituted with effect from 14 August 2026.

Financial performance

• Total income from operations (net) Rs 16.17 lakh in Q1 FY27.
• Profit after tax Rs -5.11 lakh; EPS Rs -0.10 for the quarter.
• Total comprehensive income after tax Rs 5.68 lakh for the quarter.
• Paid-up equity share capital Rs 495.38 lakh as at 30 June 2026.
• Open Offer completed; change in control and management.

Board actions & new appointments

• Board approved unaudited standalone results for quarter ended 30 June 2026.
• Mitesh Kothari appointed Chairman & MD (Additional) from 14 Aug 2026.
• Shakti Tiwari appointed Executive Director (Additional) from 14 Aug 2026.
• Jigna Rajiv Shah appointed Executive Director (Additional) from 14 Aug 2026.
• Rahul Visaria appointed Additional Independent Director from 14 Aug 2026.
• Deepak Gandhi appointed Additional Independent Director from 14 Aug 2026.
• Pradeep Kumar appointed Additional Independent Director from 14 Aug 2026.
• Re-constitution of Audit, Nomination & Remuneration, and Stakeholders Committees from 14 Aug 2026.
• Corporate/Administrative office established at Mumbai (Vibgyor Tower) separate from registered office.

Resignations & change in control

• Resignation of MD & Director Tumbalam Gooty Veera Prasad effective 14 Aug 2026.
• Resignation of Independent Director Sunitha Markonda effective 20 Aug 2026.
• Resignation of Director Bhim Shankaram Kanda effective 20 Aug 2026.
• Resignation of Independent Director Mahipal Reddy Saddi effective 20 Aug 2026.

Risks & notes

• Note on pending litigation: Rs 0.5 lakh investment in Sree Rayalaseema Alkalies & Allied Chemicals Ltd.
• Independent Auditor's Review: no material misstatement; emphasis on the pending litigation note.

Business context

• Standalone quarterly results; Hyderabad-based company; Open Offer enabling promoter change.

Meeting Details

• Date: 14 August 2026; time not disclosed.
• Venue: Registered Office of the Company, Hyderabad.

Key Agenda Items

• To consider unaudited financial results for quarter ended June 30, 2026.
• To consider appointment of new directors on the Board.

Other Notes

• Trading window closed; reopens 17 August 2026 for designated persons.

Shareholding / Insider Disclosure

• Acquirer Yoga Builders Private Limited acquired 7,62,990 shares via tendering Open Offer.
• Purchase price per share was Rs 10.
• Pre-acquisition shareholding Nil (0%).
• Post-acquisition stake: 7,62,990 shares (15.40%).
• Acquisition occurred through tendering process from public shareholders.
• Public Announcement dated 20.04.2026 and Detailed Public Statement dated 27.04.2026 disclosed.

Open Offer details

• Target company: TMT (India) Limited.
• Acquirers: Yoga Builders Private Limited; Scaffold Properties Private Limited; MDK Properties and Estates Private Limited.
• Acquirers are not in promoter/promoter group.
• Listed on BSE Limited.
• Acquired voting rights shares: 7,62,990 (15.40%).
• Post-acquisition holding: 7,62,990 shares (15.40%).
• Mode: tendering process of Open Offer.
• Date of acquisition: 27.07.2026.
• Equity share capital before/after: 49,53,800 shares of Rs 10 each.
• Total diluted voting capital after acquisition: 49,53,800 shares.
• Post-offer, acquirers to be treated as Promoter.