Navigant Corporate Advisors issued a Detailed Public Statement for a mandatory open offer by Yoga Builders, Scaffold Properties, and MK Profinlease to acquire 26% of TMT (India) Ltd.
The offer price is ₹10 per share for up to 1,287,988 equity shares, triggered by off-market purchases from existing promoters.
An escrow amount of ₹130 lakhs has been deposited with Axis Bank, exceeding the total offer consideration of ₹128.80 lakhs.
The tendering period is scheduled from June 12 to June 25, 2026, with BSE as the designated stock exchange.