TMT India Appoints New CMD, MDs, and Directors; Approves New Office

TMT India Ltd held a board meeting on August 14, 2026, approving un-audited financial results for the quarter ended June 30, 2026. Key decisions included the appointment of Mitesh Kothari as Chairman and Managing Director (Additional), Shakti Tiwari and Jigna Rajiv Shah as Executive Directors (Additional), and Rahul Visaria, Deepak Gandhi, and Pradeep Kumar as Additional Independent Directors. The company also approved establishing a corporate office in Mumbai. Resignations of Tumbalam Gooty Veera Prasad (Managing Director), Sunitha Markonda (Independent Director), Bhim Shankaram Kanda (Director), and Mahipal Reddy Saddi (Independent Director) were accepted, effective August 20, 2026, following the completion of an Open Offer and change in control. The board also approved the re-constitution of its committees.