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Company Filings, Explained Simply

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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Tirupati Innovar Ltd

Tirupati Innovar Board Approves 1:10 Stock Split, Shareholder Vote Pending

BOARD ▲ Positive Development LOW RISK
📅 Filed on BSE: 19 Jun 2026, 06:00 PM IST  ·  BSE ID: 89d9c7f4-44c0-4763-816f-7d41ccbb861b
View Original BSE Filing (PDF)
💡
In Simple Terms
The company is splitting its shares ten times over, making each share worth less but increasing the total number held by investors.
🤖 AI Summary
  • Board approved 1:10 equity share sub-division, face value changing from Rs. 10 to Rs. 1.
  • Existing 1 Equity Share of Rs. 10.00 to become 10 Equity Shares of Rs. 1.00 each.
  • Approval required from Equity Shareholders via Postal Ballot before implementation.
  • Alteration of Memorandum of Association Capital Clause approved as a consequence.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Face Value of Existing Equity Shares
Rs. 10.00/-
New Face Value of Equity Shares post-split
Rs. 1/-
Sub-division Ratio
1:10
🏢 How This Affects the Company
💰
Financial Impact
The stock split will increase the number of outstanding equity shares without altering the company's total paid-up capital or equity value.
⚙️
Operational Impact
The company will need to update its share register and communicate the change to all shareholders and regulatory bodies.
👥 What This Means For Shareholders
✅
Action Required
Shareholders will need to vote on the proposed stock split via postal ballot.
👤
Who Is Affected
All existing equity shareholders will have their share count multiplied by ten, with a corresponding decrease in face value per share.
🔍
Management Signal
The proposed stock split indicates management's aim to enhance marketability and accessibility of the company's shares.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Shareholder approval outcome for the 1:10 stock split.
Announcement of the Record Date for the share split.
Updated Memorandum of Association filing post-approval.
LOW RISK Stock split is a standard corporate action with minimal direct financial risk.
💡 Investor Takeaway
Tirupati Innovar's Board approved a 1:10 stock split where Rs. 10 face value shares become Rs. 1. Shareholder approval is pending.
⚖️ Strengths & Concerns

✅ Positives

  • Board-approved 1:10 stock split, subject to shareholder confirmation.
📅 Company Track Record
This filing follows a prior intimation on 2026-06-15 regarding the Board meeting to consider a 1:10 stock split and bonus shares.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What is the proposed stock split ratio for Tirupati Innovar shares?
Tirupati Innovar's Board has approved a sub-division of equity shares in the ratio of 1:10.
What is the face value of Tirupati Innovar shares before and after the split?
Before the split, the face value is Rs. 10.00/- each. After the split, it will be Rs. 1/- each.
What is the next step for the Tirupati Innovar stock split?
The proposed stock split requires approval from the Equity Shareholders of the Company through a Postal Ballot.
When will the record date be decided for Tirupati Innovar's stock split?
The Record Date will be decided after the Equity Shareholders approve the sub-division/split of existing Equity Shares.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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