Record Date Fixed at 8 October 2026 for Allotment of Tieramet Shares Under Demerger Scheme

Record Date fixed: Thursday, 8 October 2026.

Fri 25 Sep 2026

Record Date

Thursday, 8 October 2026

Share Entitlement Ratio

1 equity share of Tieramet Limited (face value Rs.2/-) for every 1 equity share of Rs.2/- held

Share Form

New shares will be issued only in dematerialised form

Registrar and Transfer Agent

Bigshare Services Private Limited or KFin Technologies Limited

What was announced

Following the earlier intimation that the Hon'ble NCLT, Hyderabad Bench sanctioned the Composite Scheme of Arrangement, the company has now fixed the Record Date for the share entitlement.

• Record Date: Thursday, 8 October 2026
• Entitlement: 1 (one) equity share of Tieramet Limited (Resulting Company) of face value Rs.2/- each, fully paid up, for every 1 (one) fully paid-up equity share of face value Rs.2/- each held in the Demerged Company.

The Scheme

The Composite Scheme of Arrangement is between Bhagyanagar Copper Private Limited (Transferor Company), Bhagyanagar India Limited (Transferee Company) and Tieramet Limited (Resulting Company), along with their respective shareholders and creditors.

For shareholders holding physical shares

• Under Clause 23.3 of the Scheme, the new shares of the Resulting Company will be issued only in dematerialised form.
• Physical holders should send a letter with name(s), address, email, contact details and demat account details, plus self-attested PAN and self-attested client master sheet, to the Registrar and Transfer Agent — Bigshare Services Private Limited or KFin Technologies Limited — before the Record Date.
• Modes accepted: email, post, speed post, courier or hand delivery.
• If details are not received in time, or do not permit electronic credit, Tieramet Limited will issue the shares in demat form to a trustee nominated by its board, who will hold them in trust. The shares will be transferred to the shareholder once demat details and required documents are provided.

How to read this

Eligibility to receive the Resulting Company's shares is determined purely by holding on the Record Date. The disclosure is procedural and completes an operational step in implementing the sanctioned Scheme.

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