BSE has notified trading members that Tirupati Innovar Limited (BSE Code: 539040) has fixed 30 April 2026 as the record date for a rights issue of equity shares. Equity shares of the company will trade on an ex-rights basis from 30 April 2026. The entire issue price of Rs.10/- per share is payable on application.

Key Points

• Record date for the rights issue: 30 April 2026
• Rights ratio: 19 new equity shares for every 10 existing equity shares held
• Issue price: Rs.10/- per share (face value Rs.10/-, issued at par)
• Payment terms: Entire issue price of Rs.10/- per share payable on application
• Ex-rights trading effective from: 30 April 2026
• Settlement number: DR-621/2026-2027
• Segment: Dematerialised Securities – Rolling Settlement Segment

Regulatory Changes

No new regulatory changes. This is a standard corporate action notification under BSE listing compliance procedures.

Compliance Requirements

• Trading members must ensure all transactions in Tirupati Innovar Limited equity shares (BSE Code: 539040) are conducted on an ex-rights basis with effect from 30 April 2026.
• Members must take note of the record date and settlement number DR-621/2026-2027 for operational purposes.

Important Dates

• Notice Date: 27 April 2026
• Record Date: 30 April 2026
• Ex-Rights Effective Date: 30 April 2026
• Settlement: DR-621/2026-2027

Impact Assessment

This rights issue has a significant ratio of 19:10, meaning the share count will increase substantially upon completion, which may dilute the share price proportionally. Existing shareholders who subscribe to the rights issue will need to pay Rs.10/- per share (at par) in full upon application. Trading members must adjust their systems to reflect ex-rights pricing from 30 April 2026. The impact is confined to existing shareholders and traders in Tirupati Innovar Limited (BSE: 539040).