Reena Mukesh Agarwal, a promoter of tirupati fin-lease , has disclosed the disposal of 51,000 equity shares of the company through an off-market gift transaction. The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 on March 16, 2026.

Transaction Details

The share disposal transaction was executed on March 14, 2026, through a gift mechanism in the off-market segment. The transaction involved the complete disposal of Agarwal's entire shareholding in the company.

Shareholding Pattern Changes

The disposal has resulted in a complete reduction of Agarwal's stake in Tirupati Finlease Limited. Her shareholding position before and after the transaction shows a significant change in her investment in the company.

Company Share Capital Structure

Tirupati Finlease Limited's total equity share capital remains unchanged following this transaction. The company maintains its existing capital structure with no impact on the overall share count.

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations governing substantial acquisition and disposal of shares. As a promoter of the company, Agarwal was required to disclose this change in shareholding pattern to ensure transparency in the market. The formal disclosure was submitted to BSE Limited and copied to the company's registered office in Ahmedabad.

Tirupati Fin-Lease Limited, a non-banking financial company, has reported robust financial results for the first quarter, along with several key corporate decisions. The company's board of directors approved these results and other significant matters during a meeting held on August 2.

Financial Performance Highlights

Tirupati Fin-Lease posted impressive financial results for the quarter ended June 30:

The company's revenue from operations was primarily driven by net gains on fair value changes of Rs 42.32 lakhs and sale of securities amounting to Rs 41.87 lakhs. This performance represents a significant improvement compared to the previous quarter, where the company had reported a loss.

Key Corporate Decisions

Authorized Share Capital Increase

The board has approved an increase in the company's authorized share capital from Rs 3.5 crore to Rs 5.0 crore, subject to shareholder approval at the upcoming Annual General Meeting (AGM).

Appointment of Secretarial Auditor

A new secretarial auditor has been appointed for a term of 5 years, pending approval from the members at the AGM.

Annual General Meeting

The 32nd AGM of Tirupati Fin-Lease Limited is scheduled for August 30, at 2:30 PM at the company's registered office.

Book Closure

The company has set the book closure dates from August 27 to August 30 (both days inclusive) for the purpose of the AGM.

E-voting Arrangements

Central Depository Services (India) Ltd (CDSL) has been appointed to handle the e-voting process for the AGM. The e-voting period will be from August 27 (9:00 AM) to August 29 (5:00 PM).

Management Commentary

Bajranglal Agarwal, Whole Time Director of Tirupati Fin-Lease Limited, signed off on the financial results and corporate announcements. The company's performance in Q1 shows a marked improvement in profitability and operational efficiency.

The proposed increase in authorized share capital suggests that Tirupati Fin-Lease may be planning for future growth opportunities or capital raising initiatives. Shareholders will be keenly watching the upcoming AGM for more details on the company's strategic plans and the rationale behind these corporate actions.

As Tirupati Fin-Lease continues to navigate the dynamic financial services landscape, these results and corporate decisions indicate a focus on strengthening its financial position and governance structures.