T.T. Ltd acquires 34,251 shares by promoter Sanjay Kumar Jain
The Managing Director bought 34,251 equity shares in the open market between 24‑29 June 2026, raising his voting‑right holding to 6,077,346 shares (0.0132% of total capital).
What T.T. Ltd announced
T.T. Ltd (CIN: L18101DL1978PLC008241) disclosed that its Managing Director, Mr. Sanjay Kumar Jain, acting on behalf of the promoter group, acquired 34,251 equity shares of the company. The purchase took place in the open market from 24 June 2026 to 29 June 2026 and was reported to the stock exchanges under SEBI Regulation 29(2) on 29 June 2026.
"Mr. Sanjay Kumar Jain, Managing Director (Promoter Group) has purchased 34,251 Equity Shares of TTL from 24 June 2026 to 29 June 2026."
The filing was addressed to the National Stock Exchange of India Ltd. and BSE Limited and signed by the Finance Director, Sunil Mahnot.
Details of the acquisition
- Acquirer: Sanjay Kumar Jain (Managing Director, promoter group).
- Shares acquired: 34,251 equity shares carrying voting rights.
- Mode of acquisition: Open‑market purchase.
- Acquisition period: 24‑29 June 2026.
- Percentage of total voting capital: 0.0132%.
Pre‑ and post‑acquisition holdings
| Holding metric | Before acquisition | After acquisition |
|---|---|---|
| Shares carrying voting rights | 6,043,095 | 6,077,346 |
| % of diluted voting capital | 2.333% (approx.) | 2.3473% |
| Total voting capital (diluted) | 258,310,944 | 258,310,944 |
The total equity share capital and diluted voting capital of T.T. Ltd remained unchanged at 258,310,944 shares throughout the transaction.
Key facts at a glance
| Detail | Value |
|---|---|
| Company | T.T. Ltd |
| BSE Scrip Code | 514142 |
| Filing date | 29 June 2026 |
| Acquirer | Sanjay Kumar Jain (Promoter Group) |
| Shares bought | 34,251 |
| % of total voting capital | 0.0132% |
| Acquisition mode | Open market |
| Post‑acquisition holding | 6,077,346 shares |
| Source | Regulation 29(2) filing, BSE (PDF) |
Why this matters for investors
The transaction is a substantial acquisition disclosure under SEBI rules, signalling that a senior promoter is increasing his stake in the company. While the share count added is modest in absolute terms, the move brings the promoter’s voting‑right holding to over 6.07 million shares, marginally raising his influence in shareholder decisions. The unchanged equity capital indicates no dilution for existing shareholders. The open‑market nature of the purchase suggests the shares were bought at prevailing market prices, without any preferential allotment or price advantage.
Investors should note that the filing does not disclose the purchase price, nor does it indicate any future intent to acquire additional shares. The disclosure satisfies regulatory requirements and provides transparency about promoter activity.
Conclusion
T.T. Ltd has formally recorded the open‑market purchase of 34,251 shares by its Managing Director, Sanjay Kumar Jain, raising his voting‑right holding to 6,077,346 shares, or roughly 0.0132% of the total voting capital. The filing satisfies SEBI’s substantial acquisition disclosure obligations. No further action or approval is pending, and the company’s capital structure remains unchanged.
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Source filing: view original