T & I Global Ltd receives SEBI disclosure of Counter Cyclical Investment's share acquisition

What T & I Global Ltd announced

On 16 June 2026, T & I Global Ltd (BSE: 522294) submitted a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The filing informs the market that Counter Cyclical Investment Pvt Ltd has made a share acquisition that exceeds the statutory threshold, thereby obligating a formal notice to the stock exchanges.

The brief announcement does not provide the exact number of shares acquired, the percentage of total equity, or the monetary consideration involved. It merely confirms that the requisite regulatory notice has been received by the exchange.

Regulation 29(2) – what it entails

Regulation 29(2) mandates that any person or entity acquiring shares which result in a holding of 5 % or more of a listed company's equity, or any increase of 1 % or more when already holding 5 % or above, must promptly disclose the acquisition to the stock exchanges. The purpose is to ensure transparency in substantial shareholdings and to protect the interests of minority shareholders.

Key requirements include:

• Immediate filing of a notice with the exchange.
• Disclosure of the acquirer's identity, the number of shares acquired, and the percentage of total equity.
• Subsequent filing of a detailed statement within a prescribed period (usually 10 business days).

Counter Cyclical Investment Pvt Ltd – details disclosed

The filing identifies Counter Cyclical Investment Pvt Ltd as the acquirer. Beyond the name, the summary does not disclose:

• The exact share count or percentage held.
• Whether the acquisition was through open‑market purchases, block deal, or off‑market transaction.
• The price paid per share or total transaction value.

Investors should await the follow‑up filing that SEBI requires, which will contain these specifics.

Key facts at a glance

Why this matters for investors

The Reg 29(2) notice signals that a new shareholder has taken a material stake in T & I Global Ltd. While the exact size of the holding is not yet public, the requirement to file indicates it meets or exceeds the regulatory trigger. This can have several implications:

• Potential influence: A holder of 5 % or more can affect voting outcomes and may seek board representation.
• Transparency: Subsequent detailed disclosures will provide clarity on the acquirer's intentions, whether strategic, financial, or otherwise.
• Regulatory compliance: The company must ensure all further reporting obligations are met, reducing the risk of regulatory penalties.

Investors should monitor upcoming filings for the precise shareholding data and any statements from Counter Cyclical Investment regarding its strategic rationale.

Conclusion

T & I Global Ltd’s Reg 29(2) filing on 16 June 2026 confirms that Counter Cyclical Investment Pvt Ltd has crossed a substantial share‑holding threshold, prompting mandatory disclosure under SEBI rules. The current notice lacks quantitative details, which are expected in a subsequent filing. Stakeholders should watch for those details to assess the potential impact on corporate governance and future strategic direction.