StockWatch
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Industrial Products
Board Meeting14 Aug 2026, 07:12 pm

TMT India Appoints New Directors, Approves Financial Results

AI Summary

TMT India Ltd held a board meeting on August 14, 2026, where they approved the un-audited financial results for the quarter ended June 30, 2026. The company also announced 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 board accepted the resignations of TUMSALAM GOOTY VEERA PRASAD, SUNITHA MARKONDA, and BHIM SHANKARAM KANDA, effective August 20, 2026, citing changes in control and management post an open offer. Additionally, the company approved the establishment of a new corporate office in Mumbai.

Key Highlights

  • Board approved un-audited financial results for Q1 FY27.
  • Appointed Mitesh Kothari as Chairman and Managing Director.
  • Appointed three Executive Directors and three Independent Directors.
  • Accepted resignations of three directors post open offer.
  • Approved establishment of a new corporate office in Mumbai.