TMT (India) Limited
Offer Details
The open offer was made by three acquirers: Yoga Builders Private Limited (Acquirer-1), Scaffold Properties Private Limited (Acquirer-2), and MDK Properties and Estates Private Limited [formerly known as MK Profinlease Private Limited] (Acquirer-3).
Key Dates
- Detailed Public Statement publication date: April 27, 2026
- Offer opening date: July 8, 2026 (Wednesday)
- Offer closing date: July 21, 2026 (Tuesday)
- Date of payment of consideration: July 27, 2026
- Advertisement publication date: July 28, 2026
Publication Details
The Post Offer Advertisement was published in the following newspapers:
- Financial Express (English Daily, all editions)
- Jansatta (Hindi Daily, all editions)
- Pratahkal (Marathi Daily, Mumbai edition)
- Mana Telangana (Hyderabad Daily, Telugu edition)
Acquisition Details
| Particulars | Proposed in Offer Document | Actual |
| Offer Price | ₹10.00 per Equity Share | ₹10.00 per Equity Share |
| Shares tendered | 12,87,988 | 7,63,090 |
| Shares accepted | 12,87,988 | 7,62,990 |
| Offer size | ₹1,28,79,880 | ₹76,29,900 |
| Pre-offer acquirer holding | Nil (0.00%) | Nil (0.00%) |
| Shares acquired via SPA | 26,16,210 (52.81%) | 26,16,210 (52.81%) |
| Shares acquired via open offer | 12,87,988 (26.00%) | 7,62,990 (15.40%) |
| Post-offer acquirer holding | 39,04,198 (78.81%) | 33,79,200 (68.21%) |
| Public shareholders pre-offer | 23,37,590 (47.18%) | 23,37,590 (47.18%) |
| Public shareholders post-offer | 10,49,602 (21.19%) | 15,74,600 (31.79%) |
Regulatory Compliance and Impact
The acquirers accept full responsibility for the information contained in the Post Offer Advertisement and for fulfillment of their obligations under SEBI (SAST) Regulations, 2011.
Promoter Status Change
Pursuant to this offer, the acquirers shall become the promoters of TMT (India) Limited. The existing promoter and promoter group shall cease to be classified as such and shall be reclassified as public category shareholders in accordance with Regulation 31A(10) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations.
Additional Information
The Register to the Offer is Venture Capital & Corporate Investments Private Limited. A copy of the Post Offer Advertisement is available on the SEBI website. Capitalized terms not defined in the advertisement have the same meaning as assigned in the Letter of Offer dated June 24, 2026.