Tirupati Fincorp Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2025 ,inter alia, to consider and approve 1. Audited financial statements ....
Awaiting price reaction for this filing.
Tirupati Fincorp has scheduled a board meeting on May 29, 2025, to consider and approve the audited financial statements for the year ended March 31, 2025, along with the independent auditor's report. The board will also consider appointing M/s. Amruta Giradkar & Associates as Secretarial Auditor for FY 2025-26. An additional Independent Director is proposed to be appointed. A notable change is the redesignation of Mr. Arvind Gala from Non-Executive Independent Director to Non-Executive Non-Independent Director. The board will also reconstitute the Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee.
Investors should watch for FY25 audited results and the director designation change, which reduces independent oversight on the board. The appointment of a new independent director and committee reconstitution may partially offset governance concerns.