Purpose | Announcement Date | Right Issue Date | Record Date | Rights Ratio | Premium | Remark |
---|---|---|---|---|---|---|
Rights | 11 Apr 2025 | 17 Apr 2025 | 17 Apr 2025 | 2:1 | 0 | 2:1 Rights Issue of Equity Shares |
Trading Members of the Exchange are hereby informed that TIRUPATI TYPES LIMITED has fixed Record Date for the purpose of Rights Issue of Equity Shares of the Company. The transactions in the Equity Shares of the Company should be done on Ex-Rights Basis with effect from the under mentioned date:- DEMATERIALISED SECURITIES - ROLLING SETTLEMENT SEGMENT COMPANY NAME & CODE TIRUPATI TYPES LIMITED (539040) RECORD DATE 17.04.2025 PURPOSE Issue of 02 (TWO) Equity Shares of Rs 10/- each for cash AT PAR on Rights Basis for every 01 (ONE) Equity Share held.* Ex-Right basis from Date & Sett. No. 17/04/2025 DR-612/2025-2026 *Note: Issue Price of Rs.10/- is payable on Application. Trading Members of the Exchange are requested to take note of it. In this Connection due to non-Receipts of minimum Subscription under regulation 86(2) of the SEBI(ICDR) regulation, 2018 We would like to inform that the right issue Committee of the Board at its Meeting held on today has decided to withdraw the said proposed right issue. This is with reference to our letter of offer dated April 16,2025 on raising of fund by issuing 4,88,87,000 equity shares of face value of ?10.00 each (equity shares or rights equity shares) of our company for cash at a price of ? 10 per rights equity share (the issue price) aggregating up to ? ?48,88,70,000. (the issue ) on a rights basis to the public eligible equity shareholders of our Company in the ratio of 2 rights equity shares for every 1 fully paid-up equity shares (2:1) held by the public eligible equity Shareholders of our company on the record date. Which was opened from Friday ,25th April 2025 to Friday, May 23, 2025. In this connection, due to non-receipt of minimum subscription under Regulation 86(2) of SEBI (Issue of Capital Disclosure Requirements) Regulations, 2018, we would like to inform that the Right issue committee of the board at its meeting held on today has decided to withdraw the said proposed right issue. (As Per BSE Announcement Dated on: 26/05/2025) |
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