in this Connection due to non-Receipts of minimum Subscription under regulation 86(2) of the SEBI(ICDR) regulation, 2018 We would like to inform that the right issue Committee of the Board ....

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Price reactionminutes from the announcement price · days from the prior close

-2.0%Reaction day

₹10.50

prior close

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announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-1.9% vs market

Tyres & Rubber Products peers, median of 15sector-0.8%-1.2% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 1.2 pts less than its Tyres & Rubber Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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StockMarketvs marketSectorvs sector

Reaction day

-2.0-0.1-1.9-0.8-1.2

Next day

-0.1+0.2-0.3-1.7+1.6

+1.8+0.6+1.2-2.6+4.4

-0.2+0.9-1.1-0.9+0.7

-2.1+1.0-3.1-1.6-0.5

-4.0+0.7-4.7-2.6-1.4

-4.1+1.8-5.9-1.6-2.5

15d

+6.5+1.7+4.8-2.6+9.1

+1.7+3.1-1.3-2.6+4.4

+3.3+1.7+1.6-2.6+5.9

-4.8-1.0-3.7-7.4+2.7

UpDownMarket · Nifty Microcap 250Sector · Tyres & Rubber Products peers, median of 15Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Tirupati Tyres Limited's Rights Issue Committee met on May 26, 2025 and decided to withdraw its proposed rights issue because the company did not receive the minimum subscription required under SEBI ICDR Regulation 86(2). The issue, launched via letter of offer dated April 16, 2025, offered 4,88,87,000 equity shares of ₹10 each at a price of ₹10 per share, aggregating up to about ₹48.89 crore, in a 2:1 ratio (2 rights shares for every 1 held). The subscription window ran from April 25 to May 23, 2025. The company is now coordinating with its registrar and banks to unblock any amounts still blocked from shareholders who applied.

Likely market impact

Negative for the company and shareholders — the planned ~₹48.89 crore fundraise has failed, weakening the company's capital-raising plans and signalling poor investor appetite. Shareholders who subscribed will get their money refunded and unblocked from bank accounts.