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Tirupati Tyres LtdBoard Meeting, 07-04-2025: Tirupati Tyres Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/04/2025 ,inter alia, to consider and approve To issue of equity shares of ....

07-04-2025 · 04:52 pm

Tirupati Tyres Limited has announced a board meeting on April 10, 2025, to approve a rights issue of equity shares with a face value of Rs. 10 each, totaling up to Rs. 49 crore. This move aims to raise capital and will include discussions on the issue size, entitlement ratio, and pricing. The proposed rights issue reflects the company's strategy to bolster its financial position and support future growth. Investors may view this as a positive outlook, presenting an opportunity for potential capital participation while also posing some risk associated with shareholder dilution.

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