VMS TMT Ltd

VMS TMT Limited announced its Board of Directors has approved a Scheme of Amalgamation for the merger of Aditya Ultra Steel Limited (AUSL) into VMS TMT. This strategic move aims to create a larger, more integrated steel manufacturing entity with enhanced capabilities, broader market reach, and improved operational efficiencies. The combined entity will benefit from a unified brand presence under the 'Kamdhenu' umbrella, an expanded distribution network of over 300 dealers, and a significantly increased manufacturing capacity of over 300,000 tonnes per annum. The merger is expected to unlock substantial operational and financial synergies, leading to a stronger financial profile and enhanced market leadership in Gujarat's steel industry. Shareholders of AUSL will receive 75 equity shares of VMS TMT for every 100 shares held, subject to regulatory approvals.

VMS TMT Limited announced its Board of Directors has approved a Scheme of Amalgamation for the merger of Aditya Ultra Steel Limited (AUSL) into VMS TMT Limited. The proposed transaction, under Sections 230-232 of the Companies Act, 2013, is subject to approvals from SEBI, NCLT, stock exchanges, and shareholders/creditors. AUSL has total assets of ₹19,297.46 lakhs and turnover of ₹40,989.92 lakhs. VMS TMT has total assets of ₹51,941.16 lakhs and turnover of ₹84,019.95 lakhs. Both companies are in the TMT bar manufacturing business. The merger aims to consolidate business operations.

VMS TMT Limited announced its Board of Directors has approved a Scheme of Amalgamation for the merger of Aditya Ultra Steel Limited (AUSL) into VMS TMT Limited. The proposed transaction, under Sections 230-232 of the Companies Act, 2013, is subject to approvals from SEBI, NCLT, stock exchanges, and shareholders/creditors. AUSL has total assets of ₹19,297.46 lakhs and turnover of ₹40,989.92 lakhs. VMS TMT has total assets of ₹51,941.16 lakhs and turnover of ₹84,019.95 lakhs. Both companies are in the TMT bar manufacturing business. The merger aims to consolidate business operations.

VMS TMT Ltd has announced the closure of its trading window for all designated persons and insiders. This closure will be effective from July 1, 2026, and will remain in effect until 48 hours after the conclusion of the upcoming Board meeting. The meeting is scheduled to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The exact date of the Board meeting will be communicated in due course, as per SEBI regulations.

Varun Manojkumar Jain, a promoter of VMS TMT Limited, has disposed of 13,22,154 equity shares, representing 2.66% of the company's paid-up share capital. The transaction occurred on June 22, 2026, via an off-market inter-se transfer to Mr. Sunny Sunil Singhi, another member of the promoter group. Following this sale, Mr. Jain's holding in VMS TMT Limited has reduced from 17.13% (85,00,000 shares) to 14.46% (71,77,846 shares). The total equity share capital of the company remains unchanged at Rs. 49,63,12,100.

Sunny Sunil Singhi, a promoter group member of VMS TMT Limited, has acquired 13,22,154 equity shares, representing 2.66% of the paid-up share capital. The acquisition was made off-market through an inter-se transfer from Mr. Varun Manojkumar Jain, another promoter. This transaction occurred on June 22, 2026. The total paid-up share capital of VMS TMT Limited remains Rs. 49,63,12,100, divided into 4,96,31,210 equity shares of Rs. 10 each, both before and after the acquisition. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

VMS TMT Limited has announced the withdrawal of a previously intimated inter-se transfer of 13,22,154 equity shares among promoters. The acquirer, Rishabh Sunil Singhi, has decided not to proceed with the transaction, rendering the prior intimation null and void. This withdrawal signifies a change in the planned shareholding rearrangement within the promoter group.

VMS TMT Ltd has announced an inter-se transfer of shares among its promoters. Rishabh Sunil Singhi will acquire 13,22,164 equity shares, representing 2.66% of the company's share capital, from Varun Manojkumar Jain. The acquisition is planned for on or after June 17, 2026, at a price of ₹45 per share. This transaction is being undertaken under an exemption from open offer requirements as it is an inter-se transfer among promoters, as per Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquirer has confirmed compliance with relevant disclosure norms and that the acquisition price is within the permissible limits.

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.

VMS TMT Limited held a conference call on June 8, 2026, to discuss its financial results for the fourth quarter and full financial year ended March 31, 2026. The company reported strong performance driven by improved plant utilization, stable demand, and integrated manufacturing operations. For Q4 FY26, total revenue was INR 241 crores, with EBITDA at INR 11.94 crores and net profit at INR 2.29 crores. For the full year FY26, revenue stood at INR 840 crores, EBITDA at INR 62.31 crores, and net profit at INR 21 crores. Management expressed confidence in sustaining growth and improving profitability due to a healthy demand outlook, ongoing infrastructure development, and benefits from their captive solar plant. The company is an integrated manufacturer of TMT bars and billets under the Kamdhenu brand.