BSETirupati Innovar LtdMediumNeutral
Announced Wed, 13 Aug · 21:02 IST

Intimation under Regulation 30 Of SEBI LODR

Auditor Resigned MidtermManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Tirupati Tyres Limited announced on August 13, 2025 that its Board, on the recommendation of the Audit Committee, approved the appointment of two auditors. M/s. Vishakha Agarwal & Associates (Practicing Company Secretaries, Indore) has been appointed as Secretarial Auditor for a five-year term covering FY 2025-26 to FY 2029-30. M/s Chandabhoy & Jassoobhoy (Chartered Accountants, FRN: 101648W) has been appointed as Statutory Auditor, specifically to fill the casual vacancy caused by the resignation of the previous statutory auditor, M/s. Rawka & Associates (FRN: 021606C). Both appointments are subject to shareholder approval at the next Annual General Meeting. The filing is signed by Managing Director Pavankumar Patel.

Likely market impact

The mid-term exit of the previous statutory auditor (Rawka & Associates) without disclosed reasons may draw governance attention from investors. Replacement with established firms like Chandabhoy & Jassoobhoy is generally viewed as a step toward stronger audit oversight, but shareholders may seek clarification on why the prior auditor resigned.