MUMBAI, INDIA: Japanese telecom major DoCoMo today has deferred open offer for Tata Teleservices Maharashtra Limited (TTML), the telecom service wing of the Tata group.

An offer for 20 per cent stake in the company has been deferred following a delay in approval from market regulator Securities and Exchange Board of India (SEBI), said Lazard India Pvt Ltd, the manager to the offer, on behalf of NTT DOCOMO, INC.

The new date will be announced after the plan gets regulatory approval, it informed the TTML investors.

The open offer, by DoCoMo along with Tata Sons, was scheduled to begin on January 8 and close on January 27 next year.

The offer was for acquiring 38,42,41,919 shares or up to 20 per cent at Rs. 24.70 a piece.