Announced Sat, 2 May · 11:37 IST

Outcome of the Meeting of the Board of Directors held on today i.e. Saturday, 02nd May, 2026.

Board & Shareholder Meetings 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 14 horizons · vs prior close
+14.9%1-day move
₹11.10
prior close
₹11.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.8+3.4+2.8+7.5+14.9+20.5+14.6+8.9+3.5+14.1-7.6-16.8-21.6
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AI summary

The Board of Directors of Tirupati Innovar Limited (formerly Tirupati Tyres Limited) met on May 2, 2026 and appointed Mr. Manjotsingh Surjitsingh Oberoi as an Additional Non-Executive Non-Independent Director, effective from May 2, 2026, subject to shareholder approval. The company also clarified that an earlier recording of his appointment in the Rights Issue Committee Meeting on April 24, 2026 was an inadvertent clerical error. Mr. Oberoi brings 32 years of experience in risk management, business scaling, and operations across sectors including manpower, security, fleet management, energy, agriculture, and retail. He is not related to any existing directors and is not debarred from holding a director position.

Likely market impact

The appointment adds an experienced director to the board, which could bring operational expertise, but the need for shareholder approval means the appointment is not yet finalised. The clarification of the date error shows governance awareness but may raise minor concerns about internal documentation processes.