TMT (India) Capital Structure Change
TMT (India) Limited will raise ₹72.17 Crore via a preferential issue of 72.17 million equity shares to 27 investors.
- Value
- ₹72.17 Cr
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TMT (India) Limited will raise ₹72.17 Crore via a preferential issue of 72.17 million equity shares to 27 investors.
TMT (India) Limited approved a preferential issue of 2.05 crore equity shares to three investors at ₹10 per share, totaling ₹20.50 Crore, pending necessary approvals.
TMT (India) Limited is increasing its authorized share capital from 100 lakh shares to 1,000 lakh shares to facilitate future capital raising and business acquisitions.
MDK Properties and Estates Private Limited acquired a 14.43% stake in TMT India Ltd. The off-market transaction involved 7,14,600 shares valued at approximately Rs. 0.71 Crore.
Scaffold Properties Private Limited acquired a 14.43% stake in TMT India Limited via an off-market transaction. This disclosure is filed under SEBI SAST regulations.
Yoga Builders acquired a 15.40% stake (7,62,990 shares) in TMT (India) Limited through an open offer. This disclosure confirms the stake acquisition by a non-promoter entity.