BSETMT India LtdHighNeutral
Announced Tue, 28 Jul, 2026 · 17:56 IST

Yoga Builders acquires 15.40 percent stake in TMT India via open offer

Promoter Stake BuyOwnership Changes View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

Yoga Builders Private Limited, along with PACs Scaffold Properties and MDK Properties, acquired 7,62,990 shares (15.40%) of TMT India at Rs.10 per share through the open offer tendering process on 27.07.2026. The acquirer group held zero shares before this acquisition and now stands at 15.40 percent. Mr. Mitesh Kothari (Director, DIN 00089076) is linked to the acquirer.

Likely market impact

Kothari group establishes 15.40 percent stake in TMT India via open offer, marking a significant change in company ownership.