TMT India Open Offer for 26% at ₹10/Share

Yoga Builders, Scaffold Properties, and MK Profinlease launch a mandatory open offer for 26% of TMT India at ₹10/share, triggered by acquiring 52.81% from promoters.
The offer size is 1,287,988 shares totaling ₹1.29 crore, with full cash payment and no minimum acceptance condition.
Acquirers will become new promoters, replacing existing promoters who will be reclassified as public shareholders post-transaction.
Navigant Corporate Advisors is the manager to this SEBI SAST Regulations-compliant offer, with a detailed public statement due by April 27, 2026.