T T Limited has informed the Exchange about Acquisition of 114575 shares by T.T. Brands Limited, Promoter Group
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T.T. Brands Limited, part of the promoter group of T T Limited, bought 1,14,575 equity shares through open market purchases between March 23 and March 27, 2026. This raised the promoter group's stake from 34.333% to 34.3773% of the company's equity share capital. The total share capital of the company stands unchanged at 25,83,10,944 shares. The acquisition is a small incremental purchase and was disclosed under SEBI Takeover Regulations.
The move signals continued promoter confidence in the company. With the promoter holding now at 34.3773%, it is approaching the 35% open offer trigger threshold under SEBI SAST rules, meaning further purchases by the promoter group could attract mandatory open offer obligations. Existing minority shareholders may view this positively as promoter buying suggests faith in future value.