TMT India Promoters Sell 35.05% Stake in Off-Market Deal

TMT India Ltd announced that its promoters, Tumbalamgooty Veera Prasad & Others, have disposed of 17,36,400 equity shares, representing 35.05% of the total voting share capital. The off-market sale, executed on August 19, 2026, was pursuant to a Share Purchase Agreement dated April 20, 2026, and was made in favour of Yoga Builders Private Limited, Scaffold Properties Private Limited, and MK Profinlease Private Limited. This transaction is linked to an Open Offer made by the acquirers to the public shareholders of TMT India Limited. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.