BSETMT India LtdHighNeutral
Announced Thu, 25 Jun · 15:24 IST
Open Offer for TMT India revised schedule - acquirers seek 26% stake at Rs 10/share
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
A corrigendum to the detailed public statement has been filed for the open offer to acquire up to 12,87,988 equity shares (26% stake) of TMT India Ltd at Rs 10 per share by three acquirers - Yoga Builders, Scaffold Properties, and Mk Profinlease. The offer schedule has been pushed back with the new opening date on July 8, 2026 and closure on July 21, 2026. Filed under SEBI SAST Regulations 2011.
Likely market impact
Timeline for open offer extended. Shareholders get more time to evaluate or tender shares. Offer price remains at Rs 10.