Tirupati Foam has fixed Thursday, August 13, 2026, as the record date to determine shareholder eligibility for a dividend of Re.1 per share. This payout represents a 10% distribution on the company's equity capital. The announcement aligns with the company's upcoming 39th Annual General Meeting (AGM), scheduled for Thursday, August 20, 2026.

The Board of Directors recommended the dividend, which applies to the company's 4,407,000 equity shares. The record date ensures that shareholders holding shares as of the close of business on August 13, 2026, will qualify for the dividend. The AGM will be conducted solely through Video Conferencing (VC) or Other Audio Visual Means (OAVM) without physical presence, in compliance with Ministry of Corporate Affairs and SEBI regulations.

Dividend and AGM Details

The following table summarizes the key corporate actions and dates:

The Registrar of Members and Share Transfer Registers will remain closed from Friday, August 14, 2026, to Thursday, August 20, 2026 (both days inclusive), for the AGM. The company has stated that the Annual Report for FY 2025-2026 and the AGM Notice are available on its website and BSE Limited's platform. E-voting facilities, including remote e-voting and voting during the AGM, have been made available to members.

Tirupati Foam Limited has approved the sale of surplus land and building situated in Noida to Neumann Components Pvt Ltd for a minimum consideration of ₹30 crore. The Board of Directors approved the transaction at its meeting held on July 20, 2026. The property, measuring approximately 9,325 Sq. Meters, is located at Plot No. 5, Ecotech I, Extension Greater Noida Ind Area, Dist: Gautambuddh Nagar, Uttar Pradesh. The company stated that minimal business operations were carried out on the said land and building, and the sale will not impact its business operations.

The sale is subject to shareholder approval at the upcoming 39th Annual General Meeting (AGM). The agreement will be executed after obtaining the necessary consent. The transaction is expected to be completed within a period of six months upon compliance with all applicable laws. The purchaser is an independent party and is not related to the Promoter, Promoter Group, or Group Companies of the company. None of the Promoters, Directors, Key Managerial Personnel, or their relatives are interested in the transaction.

The company noted that the sale does not constitute an undertaking or substantially the whole of the undertaking under section 180(1)(a) of the Companies Act, 2013. Consequently, it does not attract the terms of regulation 37A of the LODR Regulations. The proposed transaction is not part of any Scheme of Arrangement.

Key Transaction Details