
VMS TMT Limited Withdraws Prior Intimation of Inter-Se Share Transfer Among Promoters
VMS TMT Limited has announced the withdrawal of its prior intimation regarding a proposed inter-se transfer of equity shares among promoters. The company stated that the planned acquisition will not be moving forward as initially intended.The decision follows previous discussions concerning the off-market inter-se transfer of shares within the group. According to the update, the company had originally intimated the proposal for the inter-se transfer of 13,22,154 equity shares of VMS TMT Limited.
The formal withdrawal confirms that the planned inter-se transfer will not be proceeding as initially scheduled, and the prior intimation is being treated as null and void.
VMSTMT Stock Price Movement
Today, VMS TMT Limited shares slipped by 1.15% to settle at ₹45.19 as trading concluded, shedding ₹0.53 in the process. The security saw a total traded volume of 24,384 shares during the day's session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.