BSETMT India LtdHighNeutral
Announced Tue, 8 Sept, 2026 · 19:43 IST
TMT India files FY2025-26 annual report and 2026 meeting notice
Price reaction
Awaiting price reaction for this filing.
AI summary
TMT India filed its 49th annual report and notice for the 2026 annual meeting, set for 30 September 2026. Shareholders are being asked to increase its share capital limit from Rs 10 crore to Rs 100 crore and issue up to 9.27 crore shares at Rs 10 each. This includes 2.05 crore shares to acquire Shakti Auto Industries through a share swap and 7.2165 crore shares for cash. It seeks a name change and approval to borrow up to Rs 500 crore.
Likely market impact
New shares could heavily dilute holders, while more borrowing could raise debt. The acquisition, name change and borrowing need regulatory approvals.