
Shareholding11 Jun 2026, 08:01 pm
VMS TMT: Promoter Group Inter-Se Transfer of 2.66% Shares
AI Summary
VMS TMT Limited has announced an off-market inter-se transfer of equity shares within the promoter group. Rishabh Singhi, a promoter, will acquire 13,22,154 shares, representing 2.66% of the company's share capital, from Varun Manojkumar Jain. The transaction is scheduled for on or after June 17, 2026, at a price of ₹45 per share. This transfer is exempt from an open offer under Regulation 10(1)(a)(ii) of the SEBI SAST Regulations, 2011, as it is among qualifying promoter group entities. The aggregate shareholding of the promoter and promoter group will remain unchanged post-transaction. The volume-weighted average market price for the preceding 60 trading days was approximately ₹44.19.
Key Highlights
- Promoter group to transfer 2.66% stake via off-market transaction.
- Acquisition price set at ₹45 per share.
- Transaction exempt from open offer under SEBI SAST Regulations.
- Total promoter group shareholding to remain constant.
Price Impact
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