TMT India Ltd
📈 Open Offer for TMT (India) Ltd: Acquirers Seek 26% Stake at ₹10/Share
• Acquirers (Yoga Builders, Scaffold Properties, MK Profinlease) are part of the Kothari Products Limited Group.
• Offer triggered by share purchase agreements dated April 20, 2026, acquiring 2,616,210 shares (52.81% of voting capital) from existing promoters and a public shareholder at ₹1 per share.
• Post-transaction, Acquirers will become promoters of TMT (India) Limited; existing promoters reclassified as public shareholders.
• TMT (India) Limited is listed on BSE (scrip code: 522171) with infrequently traded shares.
• Offer is not conditional on minimum acceptance and is not a competitive bid.