Submission of disclosure regulation 30 of SEBI (LODR) Regulations, 2015_ Change in Management (Update)

Management Changes View source PDF Explain this filing

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

-3.1%Reaction day

₹185.70

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+1.2%-4.3% vs market

Other Food Products peers, median of 20sector+0.6%-3.6% vs sector

On the reaction day the stock moved 4.3 pts less than Nifty Microcap 250 and 3.6 pts less than its Other Food Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

-3.1+1.2-4.3+0.6-3.6

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-2.5+1.1-3.6+0.8-3.4

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+8.7+3.5+5.2-1.7+10.4

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-5.8+0.2-6.0-7.1+1.3

UpDownMarket · Nifty Microcap 250Sector · Other Food Products peers, median of 20Pending

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

AI summary

Tirupati Starch & Chemicals has informed BSE that the prerequisites for appointing Mr. Saransh Agrawal as a Non-executive Independent Director have been completed. He has been allotted DIN 11240010 and registered with the Indian Institute of Corporate Affairs (IICA) on 18 August 2025. His appointment will be effective from 1 October 2025 for a first term of 5 years (up to 30 September 2030), subject to shareholder approval at the 39th AGM on 29 August 2025. Mr. Agrawal is around 24-25 years old, holds a B.Com (Taxation) degree and is CA (Inter), with experience in data analysis and project management. He holds no other directorships and has no relationship with existing directors on the board.

Likely market impact

This is a routine update confirming regulatory clearance for a new independent director; it does not change the company's operations or financial outlook. Shareholders will vote on the appointment at the AGM on 29 August 2025.