Warning letter From BSE

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.9%Reaction day

₹8.44

prior close

₹8.52

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%+2.4% vs market

Tyres & Rubber Products peers, median of 14sector-0.3%+2.2% vs sector

On the reaction day the stock moved 2.4 pts more than Nifty Microcap 250 and 2.2 pts more than its Tyres & Rubber Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.0

15m

+0.7

30m

+0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.9-0.5+2.4-0.3+2.2

Next day

+0.7-1.1+1.8-0.7+1.4

-0.5-1.8+1.4-1.1+0.6

-2.3-1.9-0.4-0.2-2.0

-2.8-0.5-2.3-0.3-2.6

-1.2-0.3-0.9+0.1-1.2

-4.9+0.9-5.7-0.2-4.7

15d

-5.2-4.3-0.9-1.2-4.0

-17.3-9.3-8.0-4.5-12.8

-20.3-5.4-14.8-4.6-15.6

-28.1-13.7-14.4-15.8-12.2

UpDownMarket · Nifty Microcap 250Sector · Tyres & Rubber Products peers, median of 14Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Tirupati Innovar Ltd (formerly Tirupati Tyres Limited) has received a warning letter from BSE Limited dated 24th December 2025. BSE flagged two compliance lapses: (1) the company's Statutory Auditors did not hold a valid peer review certificate during FY ended 31 March 2022, violating SEBI LODR Regulation 33(1)(d); and (2) the company made a delayed disclosure regarding the closure of the trading window for the quarter ended September 2021. BSE has advised the company to be careful, exercise due caution, and take corrective steps to avoid future lapses, and to place the letter before the Board.

Likely market impact

This is an advisory warning rather than a monetary penalty or formal regulatory action. For shareholders, it signals past compliance weaknesses around audit quality and disclosure timeliness, but does not directly threaten the company's listing or business operations.