Outcomes of Right issue Committee- The Rights Issue, which was earlier scheduled to open on Friday, April 25, 2025 and close on Saturday, May 03, 2025, as per the Right Issue Committee ....
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Tirupati Tyres Limited has revised the closure date of its ongoing Rights Issue. The issue, originally scheduled to close on Saturday, May 3, 2025, will now close on Monday, May 5, 2025. The opening date (April 25, 2025) and the last date for on-market renunciation of rights (April 29, 2025) remain unchanged. The Rights Issue Committee approved this change at its meeting held on April 22, 2025. All other terms and conditions of the Rights Issue remain the same.
This is a minor administrative change extending the subscription window by 2 days, giving eligible shareholders a little more time to apply. It is unlikely to have a material impact on the stock price, but existing shareholders should note the revised deadline to avoid missing the opportunity to subscribe.