Dilip Varghese Increases Stake in Tarmat Limited to 5.26% Through Open Market Purchase

Promoter Dilip Varghese has increased his shareholding in Tarmat Limited through an open market acquisition of equity shares, as disclosed in a regulatory filing dated March 4, 2026. The transaction was conducted under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Transaction Details The acquisition involved the purchase of 13,000 equity shares, representing 0.05% of the company's total share capital. The transaction was executed on February 23, 2026, through open market purchase. Parameter: Details Shares Acquired: 13,000 Percentage Acquired: 0.05% Transaction Date: February 23, 2026 Mode of Acquisition: Open Market Disclosure Date: March 4, 2026 Shareholding Pattern Changes Following this acquisition, Varghese's total shareholding in Tarmat Limited has increased from 5.21% to 5.26%. The detailed shareholding comparison shows the impact of this transaction on his overall stake in the company. Shareholding Details: Before Acquisition After Acquisition Change Number of Shares: 1,305,937 1,318,937 +13,000 Percentage Holding: 5.21% 5.26% +0.05% Voting Rights: 5.21% 5.26% +0.05% Company Information Tarmat Limited's shares are listed on both BSE Limited (Scrip Code: 532869) and National Stock Exchange of India Limited (Scrip Code: TARMAT). The company's total equity share capital remains unchanged at INR 25,06,42,550 both before and after this acquisition. Regulatory Compliance The disclosure was made in compliance with SEBI regulations, with Varghese confirming his status as a promoter of the company. The filing indicates that he holds no encumbered shares, voting rights other than through equity shares, or any warrants or convertible securities that would entitle him to additional voting rights in the company. This acquisition represents a modest increase in the promoter's stake, maintaining his position as a significant shareholder in Tarmat Limited while adhering to all regulatory disclosure requirements. Tarmat Limited promoter director Dilip Varghese has disclosed another significant acquisition of equity shares under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The latest acquisition on February 24, 2026, represents a more substantial purchase compared to his previous transaction on February 20, 2026. Latest Share Acquisition Details The recent acquisition involved 17,000 equity shares representing 0.07% of Tarmat Limited's paid-up equity share capital. The transaction was executed through open market purchase on February 24, 2026, with a total value of ₹9.35 lakh. Parameter: Details Shares Acquired: 17,000 equity shares Acquisition Percentage: 0.07% Transaction Value: ₹9.35 lakh Acquisition Date: February 24, 2026 Mode of Acquisition: Open market purchase Disclosure Date: February 25, 2026 Updated Shareholding Position Following the February 24 acquisition, Dilip Varghese's total shareholding in Tarmat Limited increased from 1,288,937 shares to 1,305,937 shares, raising his percentage stake from 5.14% to 5.21%. Shareholding Details: Before Latest Acquisition After Latest Acquisition Number of Shares: 1,288,937 1,305,937 Percentage Holding: 5.14% 5.21% Voting Rights: 5.14% 5.21% Regulatory Compliance and Disclosure The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Both the company and Dilip Varghese submitted formal disclosures to BSE Limited and National Stock Exchange of India Limited on February 25, 2026. Varghese, identified as a promoter group member, submitted the disclosure from his Mumbai address at Sony Apt, Bandra West. The company's equity share capital remained unchanged at INR 25.06 crore before and after the transaction. The disclosure confirms no encumbrances, warrants, or convertible securities were involved in this transaction. Tarmat Limited's shares are listed on both BSE Limited and National Stock Exchange of India Limited. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. 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