ALPHA TRIBE

Tirupati Tyres LtdImportant, 26-09-2025: Company Update

26-09-2025 | 04:47 pm

Tirupati Tyres' 37th Annual General Meeting saw shareholders adopt audited financial statements for the fiscal year ended March 2025. Key resolutions passed include the re-appointment and regularization of directors Mr. Nilesh Koshti and Mr. Akash Patel, and the appointment of statutory and secretarial auditors. Members also approved an increase in the company's threshold for loans, guarantees, and investments, enhancing financial flexibility. The limit for Foreign Portfolio and Institutional Investors' total shareholding was raised to 49% of paid-up equity, potentially attracting more foreign capital. The Statutory Auditor's Report contained a qualification, but it does not affect the company's operations.

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