Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Tirupati Tyres Limited has informed BSE that shareholders have approved a special resolution to alter the company's main objects clause in its Memorandum of Association by adding several new business objects. The new objects cover a wide range of activities including agriculture and farming, real estate development and construction, and gold/jewellery trading and manufacturing — a significant diversification away from the existing tyres business. The resolution was passed through a postal ballot (remote e-voting) conducted between June 25 and July 24, 2025. Out of 46,736 members, only 117 members holding 1,04,422 equity shares voted, representing just 0.43% of total outstanding shares. Of those who voted, 99.40% (1,03,792 shares) were in favour and 0.60% (630 shares) were against.
This is a major business diversification move — the company is broadening from tyres into agriculture, real estate, and jewellery, which could reshape its future direction but also introduces new business risks for shareholders. Worth noting that the promoter group holds zero shares and did not participate in the vote, and overall voter turnout was very low.