Offer Details
The open offer is made by:
- Yoga Builders Private Limited (Acquirer-1)
- Scaffold Properties Private Limited (Acquirer-2)
- Mk Profinlease Private Limited (Acquirer-3)
Offer Terms:
- Acquisition of up to 12,87,988 equity shares of TMT (India) Limited
- Share face value: ₹10 each
- Offer price: ₹10 per fully paid-up equity share
- Percentage of share capital: 26.00% of fully paid-up and voting share capital
Publication Details
The original Detailed Public Statement was published on April 27, 2026, in:
- Financial Express (English Daily, all editions)
- Jansatta (Hindi Daily, all editions)
- Pratahkal (Marathi Daily, Mumbai edition)
- Mana Telangana (Hyderabad Daily, Telugu edition)
Revised Schedule of Activities
The corrigendum primarily updates the schedule of activities for the open offer process:
| Activity | Original Date | Revised Date |
| Receipt of comments from SEBI on draft letter of offer | May 26, 2026 (Tuesday) | June 19, 2026 (Friday) |
| Identified Date* | May 29, 2026 (Friday) | June 23, 2026 (Tuesday) |
| Date by which letter of offer be dispatched to shareholders | June 5, 2026 (Friday) | July 1, 2026 (Wednesday) |
| Last date for revising the Offer Price | June 10, 2026 (Wednesday) | July 6, 2026 (Monday) |
| Comments from Committee of Independent Directors of Target Company | June 10, 2026 (Wednesday) | July 6, 2026 (Monday) |
| Advertisement of Schedule of activities for open offer | June 11, 2026 (Thursday) | July 7, 2026 (Tuesday) |
| Date of Opening of the Offer | June 12, 2026 (Friday) | July 8, 2026 (Wednesday) |
| Date of Closure of the Offer | June 25, 2026 (Thursday) | July 21, 2026 (Tuesday) |
| Post Offer Advertisement | July 3, 2026 (Friday) | July 28, 2026 (Tuesday) |
| Payment of consideration for acquired shares | July 10, 2026 (Friday) | August 4, 2026 (Tuesday) |
| Final report from Merchant Banker | July 17, 2026 (Friday) | August 11, 2026 (Tuesday) |
*Identified Date is for determining the names of shareholders as on such date to whom the Letter of Offer would be sent.
Eligibility
All owners (registered or unregistered) of equity shares of TMT (India) Limited are eligible to participate in the Offer, except:
- The Acquirers
- Sellers
- Promoter & Promoter Group
Unchanged Terms
All other terms and conditions of the open offer remain unchanged. Capitalized terms used but not defined in this announcement retain the same meaning assigned in the Public Announcement, Detailed Public Statement, and Letter of Offer.
Certification
Navigant Corporate Advisors Limited certified that the contents of the PDF format in soft copy are identical with the hard copy of the corrigendum to the detailed public statement.
Target Company Information
TMT (India) Limited
Corporate Identification No.: L99999TG1976PLC002002