BHBhagyanagar India512296Admin disclosure update

Tieramet board approves draft Information Memorandum for relaxation application under SCRR

Bhagyanagar India shared an intimation from Tieramet Limited: its board, at its meeting on 14 October 2026, considered and approved the draft Information Memorandum for an application seeking relaxation from the strict enforcement of Rule.

By ScoutQuest · Wed 14 Oct 2026, 6:33 PM IST · 1 min read

Intimation received

5:45 P.M. on 14 October 2026

Board meeting date

October 14, 2026

Rule reference

Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957

What was communicated

Bhagyanagar India Limited has informed the stock exchanges about an intimation received from Tieramet Limited at 5:45 P.M. on 14 October 2026, after the Tieramet board meeting concluded.

Outcome of the Tieramet board meeting

The board of Tieramet Limited met on October 14, 2026. The meeting commenced at 4:00 P.M. and concluded at 5:40 P.M. At this meeting, the board considered and approved the draft Information Memorandum in connection with an application seeking relaxation from the strict enforcement of Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957.

What the rule reference relates to

The Securities Contracts (Regulation) Rules, 1957 form part of the listing framework for companies in India. The application referred to in the update seeks relaxation from the strict enforcement of one of those rules, and the draft Information Memorandum for that application has been considered and approved by the Tieramet board.

Points a reader may note

• The board approved the draft Information Memorandum; the update records this as the outcome of the board meeting.
• The information was received by Bhagyanagar India Limited from Tieramet Limited at 5:45 P.M. on 14 October 2026.
• The company has stated that the information is also available on its website at www.bhagyanagarindia.com.
• The letter is signed by Devendra Surana, Managing Director of Bhagyanagar India Limited.

How to read it

This is an update passed on by Bhagyanagar India Limited about a decision taken at the board meeting of another company, Tieramet Limited. The update deals with the approval of a draft document linked to a relaxation application, and it states this as the outcome of that meeting.

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