Postal Ballot Results: Stock Split 1:10 and Bonus Issue 5:8 Approved
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 1.9 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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Tirupati Innovar Limited postal ballot results declared on July 22, 2026. All three resolutions passed: (1) sub-division of equity shares from face value Rs 10 to Rs 1 (ratio 1:10), (2) alteration of Capital Clause of MoA, and (3) bonus issue of 5 new shares for every 8 held, capitalizing up to Rs 15.27 crore from reserves. Only 199 of 43,773 shareholders voted (0.38% turnout). About 88.5% votes in favor; promoter group did not participate.
Stock split multiplies share count by 10; bonus adds 5 free shares per 8 held. Very low 0.38% voting turnout and zero promoter participation.