T T Limited has informed the Exchange about Change in Company Secretary/Compliance Officer
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T T Limited's board has approved a Rights Issue of up to 3,33,30,444 fully paid-up equity shares at Rs. 12 per share (Rs. 1 face value + Rs. 11 premium), aiming to raise up to Rs. 40 crore. The entitlement ratio is 4 equity shares for every 27 shares held, with the record date set for July 4, 2025 and the issue window running from July 17 to July 31, 2025. The board also appointed Mr. Rahul Maurya (ACS: 73819) as the new Company Secretary and Compliance Officer with effect from June 18, 2025, after the previous KMP in that role resigned. The signing authority on the intimation is Sunil Mahnot, Director (Finance).
Existing shareholders face roughly 12.9% dilution if the rights issue is fully subscribed; eligible shareholders must decide whether to subscribe by July 31, 2025 to maintain their proportional stake. The management change is routine but indicates turnover at the KMP level.