Pursuant to Regulation 30 read with Part A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is informed that the board of directors ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
TPI India Limited's board, at its meeting on January 23, 2026, approved a Rights Issue of fully paid-up equity shares with a face value of ₹1 each to eligible existing shareholders. The total issue size will be up to ₹16 Crores, subject to regulatory approvals under the Companies Act, 2013 and SEBI ICDR Regulations. The board also approved the Draft Letter of Offer (DLOF) for submission to BSE to seek in-principle approval. A follow-up board meeting is scheduled on or before January 30, 2026 to finalise the issue price, entitlement ratio, record date, timing, and terms of payment.
Existing shareholders will get the opportunity to subscribe to additional shares in proportion to their current holdings, which could lead to equity dilution if not fully subscribed. The stock may see short-term pressure as the issue price is yet to be determined and the record date approaches.