BSETirupati Innovar LtdMediumNeutral
Announced Thu, 10 Apr · 14:50 IST

The Board of director at its meeting held today has fixed Thursday 17th day of April,2025 as a Record Date for the purpose of determination of the equity shareholder who shall be entitled ....

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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 (Scrip Code: 539040) has announced that its Board of Directors has fixed Thursday, April 17, 2025 as the Record Date for determining equity shareholders eligible to receive Rights Entitlements under a forthcoming Rights Issue. The company has arranged with NSDL and CDSL to credit these entitlements in demat accounts of eligible shareholders before the issue opening date. The filing has been made under SEBI LODR Regulation 42 and SEBI ICDR Regulation 68. No details on issue size, price, or ratio have been disclosed in this particular intimation.

Likely market impact

Existing shareholders need to hold shares as of April 17, 2025 to be eligible for the Rights Issue entitlements. The stock may see some volatility around the record date, and shareholders should watch for the letter of offer with issue terms (price, ratio, use of funds) in the coming days.