Tirupati Innovar Share Price Today

Tirupati Innovar shareholders approve stock split and bonus issue

Tirupati Innovar Limited shareholders approved the sub-division of equity shares from ₹10 to ₹1 face value and a bonus issue in the ratio of 5:8 via postal ballot. The resolutions were passed with over 88% votes in favour.

Tirupati Innovar Launches Postal Ballot E-Voting for Share Split and Bonus Issue

Tirupati Innovar Limited has initiated a Postal Ballot e-voting process, open from June 23 to July 22, 2026, seeking shareholder approval for three resolutions: a 1:10 equity share split (face value from Rs. 10/- to Rs. 1/-), a consequent amendment to the Memorandum of Association's Capital Clause, and a bonus issue in the ratio of 5:8. The bonus issue involves capitalisation of Rs. 15,27,71,875/- from the Securities Premium Account, resulting in 15,27,71,875 new equity shares of Rs. 1/- each, which would raise the paid-up share capital to Rs. 39,72,06,875/-. The cut-off date for shareholder eligibility is June 19, 2026, and voting is facilitated exclusively through CDSL's remote e-voting platform.

Tirupati Innovar accepts independent director resignation

Tirupati Innovar Limited accepted the resignation of Mrs. Kiran Parsotambhai Makhecha as a Non-Executive Independent Director effective June 19, 2026, due to pre-occupation with other matters. The Board recorded its appreciation for her service.

Tirupati Innovar CS resigns citing personal reasons

Tirupati Innovar Limited accepted the resignation of Ms. Yashaswi Jharbade as Company Secretary & Compliance Officer effective June 19, 2026. The resignation was attributed to personal reasons and professional commitments.

Tirupati Innovar FY26 results face audit disclaimer over evidence gaps

Tirupati Innovar Limited reported a net profit of ₹65.20 lakh for FY26, with revenue from operations rising to ₹14273.02 lakh. However, statutory auditors issued a disclaimer of opinion due to insufficient evidence regarding trade payables, receivables, and stock records. The company also faced compliance issues related to the MSMED Act, 2006.

Tirupati Innovar withdraws rights issue due to BSE delay

Tirupati Innovar Limited withdrew its ₹46.44 crore rights issue on May 30, 2026, due to a lack of timely approval from BSE regarding the basis of allotment. The delay caused funds to remain blocked, prompting investor complaints and the subsequent withdrawal to safeguard investor interests. The company is now coordinating with Skyline Financial Services Pvt. Ltd to ensure banks unblock the invested amounts.