AGM 2026: All 4 resolutions passed; MD re-appointed for 5 years
TIRUPATIFL · price
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Tirupati Forge held its 14th AGM on Sept 25, 2026. All 4 resolutions passed with over 99.9% majority. Key items: adoption of FY26 audited financials, re-appointment of MD Hiteshkumar Thummar as Director, his re-appointment as Chairman and MD for 5 years (from July 31, 2027 to July 30, 2032) with salary up to Rs 4.5 lakh per month, and ratification of Cost Auditor remuneration at Rs 40,000 for FY27. About 49.88% of total shares were polled.
Routine AGM outcome. MD re-appointed for 5 years with stated pay cap of Rs 4.5 lakh per month. No material surprise for shareholders.