Rikhab Chand Jain has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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T T Limited's Chairman Rikhab Chand Jain has filed the mandatory yearly disclosure under Regulation 31(4) of SEBI's Takeover Regulations, confirming that the promoter and promoter group collectively hold 12,61,87,560 equity shares, representing 56.09% of the company, as of 31st March 2025. The promoter group includes six individuals (Rikhab Chand Jain, Kala Devi Jain, Sanjay Kumar Jain, Jyoti Jain, Muskaan Jain, and Hardik Jain) along with TT Brands Ltd. The filing also notes that promoter Kala Devi Jain passed away on 8th February 2025, and her shares are pending transmission to Jyoti Jain, with the application already submitted to the depository.
This is a routine annual compliance filing and does not signal any change in promoter ownership or any transaction. Shareholders should note the pending share transmission following the death of a promoter, which could marginally affect the individual shareholdings within the group but not the overall promoter holding of 56.09%.