TMT India: Open Offer for 26% stake at ₹10/share, total ₹1.29 Cr

Navigant Corporate Advisors Limited, acting as Manager to the Offer, has announced an open offer for TMT (India) Limited. Yoga Builders Private Limited, Scaffold Properties Private Limited, and MK Profinlease Private Limited (collectively, the “Acquirers”) are seeking to acquire up to 12,87,988 equity shares, representing 26.00% of TMT India's fully paid-up equity and voting share capital. The offer price is ₹10/- per fully paid-up equity share, amounting to a total consideration of ₹1,28,79,880/- upon full acceptance. This open offer is made in accordance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and was triggered by Share Purchase Agreements dated April 20, 2026, between the Acquirers and existing promoters/promoter group and a public shareholder.