TMT India Ltd

Dematerialisation processing and listing

• Dematerialisation requests were confirmed to depositories by the RTA as accepted/rejected.
• Securities dematerialised have been listed on the stock exchanges where earlier securities are listed.
• Certificates for dematerialisation were mutilated and cancelled after DP verification, with depository name substituted within prescribed timelines.

AGM Details

• Held Sep 30, 2026 at 03:00 PM via VC/OAVM.
• Quorum confirmed; chair Mitesh Kothari (Executive Director).
• Remote e-voting opened Sep 27, 2026 9:00 AM and closed Sep 29, 2026 5:00 PM.
• Results awaited; voting results to be announced within 2 working days.

Resolutions and status

• Ordinary resolution: Adoption of financial statements for year ended 31 March 2026; results pending.
• Special: Increase in authorised share capital — results pending.
• Special: Preferential issue to non-promoters for non-cash consideration; results pending.
• Special: Preferential issue to promoter/non-promoter for cash; results pending.
• Special: Regularisation of Mitesh Kothari as Chairperson and MD; results pending.
• Special: Regularisation of Shakti Tiwari as Executive Director; results pending.
• Special: Regularisation of Jigna Shah as Executive Director; results pending.
• Special: Regularisation of Rahul Visaria as Non-exec Independent Director; results pending.
• Special: Regularisation of Deepak Gandhi as Non-exec Independent Director; results pending.
• Special: Regularisation of Pradeep Kumar as Non-Executive Independent Director; results pending.
• Special: Approve overall borrowing limits under 180(1)(c); results pending.
• Special: Authorise creation of charges on movable/immovable properties; results pending.
• Special: Change in name and MOA amendments; results pending.
• Special: Shifting of registered office; results pending.
• Special: Adoption of new MOA and object clause; results pending.
• Special: Adoption of new AOA; results pending.
• Voting results: Not disclosed; to be announced within 2 working days.

Director changes

• Regularisation of Mitesh Kothari as Chairperson and MD.
• Regularisation of Shakti Tiwari as Executive Director.
• Regularisation of Jigna Shah as Executive Director.
• Regularisation of Rahul Visaria as Non-exec Independent Director.
• Regularisation of Deepak Gandhi as Non-exec Independent Director.
• Regularisation of Pradeep Kumar as Non-exec Independent Director.

TMT India Limited — Trading Window closed from 1st October, 2026 till the completion of 48 hours after declaration of the Unaudited Financial Results for the Quarter and half year ended 30th September, 2026

Corrigendum to AGM Notice

• Board approved Corrigendum cum Addendum to AGM Notice at 21 Sep 2026 meeting.
• Corrigendum rectifies typographical errors in Item No. 4 related to equity allotments.
• Full list of proposed allottees and shares to be issued updated in addendum.
• Post-issue shareholding percentages and promoter/non-promoter status updated for the allottees.
• Other terms of AGM Notice remain unchanged; corrigendum to be read with original notice.
• Corrigendum to be disseminated to members; available on company and BSE/NSE platforms.

Key approvals and corporate actions

• Acquisition of 100% equity in Shakti Auto Industries Private Limited approved; SPSSA to govern.
• Increase authorised share capital from Rs 10 crore to Rs 100 crore; subject to shareholder approval.
• Up to 2,05,00,000 equity shares for swap to Selling Company's shareholders; requires approvals.
• Up to 7,21,65,000 equity shares on cash preferential issue to promoter, promoter group, and non-promoter public.
• Alter MOA/AOA and main object clause to reflect increased capital; subject to approvals.
• Name change to Shakti Auto Industries Limited; subject to approvals.
• Shift registered office from Telangana to Maharashtra; subject to approvals.
• Borrowing limit up to Rs 500 crores and charge creation up to Rs 500 crores, subject to approvals.
• AGM/EGM notice issued; 49th AGM calendar; annual report approved; register closure 24-30 Sep 2026.
• Typographical error in Annexure III corrected; revised Annexure III read in substitution.

Financial highlights

• Total income for FY2025-26: ₹18.74 lakh.
• Net loss after tax: ₹9.03 lakh.
• Basic EPS: ₹-0.18; Diluted EPS: ₹-0.62.
• Cash and cash equivalents: ₹7.41 lakh.
• Equity share capital: ₹4.95 crore.

Capital structure & growth

• Authorised capital increased to ₹100 crore.
• Preferential issue up to 2.05 crore shares at ₹10 each.
• Total preferential issue for SAIPL acquisition: ₹20.50 million.
• Swap-based acquisition of SAIPL through equity issue.

Open offer & control shift

• Open offer completed; acquirers hold 68.21% post-offer.
• MD and directors resigned; new directors inducted from Aug 14, 2026.
• Promoters shifted to Shakti Auto Industries Limited; name change anticipated.
• Board authorized to finalize approvals and related actions.

Corporate actions & governance

• Name change to Shakti Auto Industries Limited.
• Registered office moved from Telangana to Maharashtra (Navi Mumbai).
• Adoption of new MOA and AOA per Companies Act 2013.
• Objects expanded to include automobile parts, metals, plastics.

Audits & internal controls

• Statutory auditors: Sathish Ramdeni & Co; five-year term.
• Secretarial auditors: Sayani & Associates; secretarial report issued.
• Internal auditors: Sateesh & Associates; no material issues.

Dividend & payouts

• Dividend not proposed due to losses in FY2025-26.

Risks & outlook

• Operations at minimal scale; focus on securing orders.
• Regulatory approvals and integration risks ahead.

AGM details

• Date and time: 30 September 2026, 3:00 PM.
• Mode: VC/OAVM.

AGM venue/record-closure

• Registered office deemed venue for the meeting.
• Register of Members closed 24 September 2026 to 30 September 2026.

Ordinary business

• Adopt audited balance sheet, P&L, cash flow, and accompanying reports.

Capital and MOA changes

• Increase Authorised Share Capital to Rs 100 crore; amend Clause V of MOA.
• Issue up to 2,05,00,000 equity shares to non-promoters for non-cash consideration.

Promoter/Group cash issue

• Issue up to 7,21,65,000 equity shares to promoter/non-promoter for cash.

Key managerial changes

• Regularise Mitesh Kothari as Chairperson and MD for five years; remuneration up to Rs 60 lakh p.a.
• Regularise Shakti Tiwari as Executive Director for five years.

ExecutiveDirectors/Independent Directors

• Regularise Jigna Rajiv Shah as Executive Director for five years.
• Regularise Rahul Visaria as Independent Director for five years.
• Regularise Deepak Gandhi as Independent Director for five years.
• Regularise Pradeep Kumar as Independent Director for five years.

Borrowing powers and charges

• Approve overall borrowing limit under Section 180(1)(c) up to Rs 500 crore.
• Authorize board to create/renew charges to secure borrowings up to Rs 500 crore.

Corporate re-structuring

• Change company name to SHAKTI AUTO INDUSTRIES LIMITED.
• Shift registered office from Telangana to Maharashtra; amend MOA accordingly.
• Adopt new MOA reflecting expanded objects.

Governing documents

• Adopt new set of Articles of Association based on Table F of Schedule I.

Book closure

• Book closure from 24 September 2026 to 30 September 2026, both days inclusive.
• Purpose: book closure for the 49th AGM of the company.
• AGM date: 30 September 2026.
• Type of security: equity shares.

Meeting Details

• Date: Saturday, September 05, 2026; time and venue not disclosed.

Key Agenda Items

• Consider raising funds via equity or other securities in one or more tranches, subject to approvals.
• Consider convening the AGM to obtain member approvals for the fund-raising proposal.
• Consider any other business with chair's permission.

Other Notes

• Trading window closed with immediate effect until 48 hours after the Board Meeting outcome.