Promoter and Acquirer in Inter-se Transfer of Shares in VMS TMT Limited

Promoter and Acquirer in Inter-se Transfer of Shares in VMS TMT Limited

Promoter and Acquirer in Inter-se Transfer of Shares in VMS TMT Limited​

VMS TMT Limited is undergoing an inter-se transfer of equity shares among its promoters. The transaction involves Rishabh Sunil Singhi acquiring a portion of his company's holdings from Varun Manojkumar Jain, among other internal changes within the promoter group.

The proposed transaction is scheduled to be executed on or after June 17, 2026.

Transaction Details​

Rishabh Sunil Singhi, who is noted as a promoter of VMS TMT Limited prior to the transfer, is set to acquire shares from Varun Manojkumar Jain. The details of the proposed acquisition are as follows:

  • Shares to be Acquired: 13,22,154
  • Percentage of Share Capital Acquired: 2.66%
  • Acquisition Price: Rs. 45 per share
  • Seller: Varun Manojkumar Jain

The inter-se transfer is being conducted among the promoters of the company. Importantly, the aggregate shareholding of the Promoter and Promoter Group in VMS TMT Limited will remain unchanged both before and after this proposed inter-se transfer.

Shareholding Details Before and After Transfer​

Financial records show significant changes in promoter holding as a result of this transaction. Below is a summary of the acquirer's and seller's position before and after the proposed acquisition.

EntityPosition (Pre-Transaction)Shares (%)Position (Post-Transaction)Shares (%)
Acquirer: Rishabh Sunil Singhi1,20,14,76024.21%1,20,14,76026.87%
Seller: Varun Manojkumar Jain85,00,00017.13%71,77,84614.46%

Promoter Group Shareholding Summary​

The table below details the collective shareholding of various promoter entities before and after the proposed transfer.

Entity TypeHolding Before Transaction% w.r.t Total CapitalHolding After Transaction% w.r.t Total Capital
Acquirer Group2,48,42,81050.06%2,61,64,96452.72%
Rishabh Sunil Singhi (Acquirer)1,20,14,76024.21%1,20,14,76026.87%
Manojkumar Jain1,02,81,25020.72%1,02,81,25020.72%
Sangeeta Manoj Kumar Jain25,46,2755.13%25,46,2755.13%
Varuna Jain250.00%250.00%
Sunil Jeevrajji Singhi2500.00%2500.00%
Sunny Sunil Singhi2500.00%2500.00%

VMSTMT Stock Price Movement​

Today, VMS TMT Limited shares shed 1.18% in post-market trading to settle at ₹44.21, reflecting continued pressure on the equity. The stock traded a volume of 25,679 shares as the market closed for the day.
 

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Editorial Note

This news article was written and created by Shreyas, and published on IST.
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