Tirupati Innovar Limited (formerly known as Tirupati Tyres Limited) has initiated a Postal Ballot process, dispatching notices to all members whose names appear in the Register of Members/List of Beneficial Owners as on Friday, June 19, 2026. The company completed the dispatch of the Postal Ballot Notice on June 22, 2026, with e-voting facilitated through Central Depository Services (India) Limited (CDSL). The resolutions seek shareholder approval for a share split, an amendment to the Memorandum of Association, and a bonus issue of equity shares.

E-Voting Schedule and Key Dates

The remote e-voting facility is available exclusively through the CDSL platform, and shareholders are required to cast their votes electronically. The key dates governing this postal ballot process are summarised below:

The last date of e-voting, i.e., Wednesday, July 22, 2026 (till 5:00 PM), shall be the date on which the resolutions would be deemed to have been passed, if approved by the requisite majority. Results will be communicated to BSE Limited and displayed on the company's website.

Proposed Resolutions

The Postal Ballot Notice contains three resolutions, each requiring approval as an Ordinary Resolution.

Item No. 1: Sub-Division/Split of Equity Shares

The Board of Directors, at its meeting held on June 19, 2026, recommended the sub-division of the company's equity shares to improve liquidity and make shares more affordable for small investors. The proposed split details are as follows:

Upon approval, shareholders holding shares in physical form will have their existing share certificates cancelled on the record date, and new certificates of face value Rs. 1/- each will be dispatched. For shareholders holding shares in dematerialised form, the sub-divided equity shares will be credited directly to their demat accounts.

Item No. 2: Alteration of Capital Clause of Memorandum of Association

Consequent to the proposed share split, the Capital Clause (Clause V) of the Memorandum of Association requires amendment. The proposed change to the Authorised Share Capital structure is detailed below:

The total authorised share capital amount remains unchanged at Rs. 99,00,00,000/-, with only the number of shares and face value being restructured.

Item No. 3: Bonus Issue of Equity Shares

The Board of Directors, at its meeting held on June 19, 2026, also recommended a bonus issue of equity shares. The bonus entitlement ratio of 5:8 will be computed on the number of equity shares outstanding post the proposed split. Key details of the bonus issue are as follows:

The bonus shares will rank pari-passu in all respects with the existing fully paid equity shares and will be entitled to participate in any dividends declared after allotment. No fractions of bonus equity shares will be issued; any fractional entitlements will be rounded down to the lower integer.

Voting Process and Shareholder Instructions

All voting is restricted to remote e-voting through CDSL; physical postal ballot forms will not be accepted. Shareholders holding shares in either physical or dematerialised form as on the cut-off date of Friday, June 19, 2026, are eligible to vote. Key steps for participation include:

• Demat shareholders with CDSL: Login via CDSL Easi/Easiest facility at www.cdslindia.com or directly using Demat Account Number and PAN.
• Demat shareholders with NSDL: Login via NSDL IDeAS e-Services at https://eservices.nsdl.com or via the NSDL e-voting website at https://www.evoting.nsdl.com/ .
• Physical shareholders and non-individual shareholders: Access the CDSL e-voting system at www.evotingindia.com using Folio Number or Beneficiary ID.

Shareholders whose email IDs or mobile numbers are not registered with the company or their Depository Participant are advised to complete registration before the e-voting period ends. For technical assistance, shareholders may contact the CDSL helpdesk at helpdesk.evoting@cdslindia.com or at toll-free number 1800 21 09911.

Tirupati Innovar Limited has accepted the resignation of Mrs. Kiran Parsotambhai Makhecha as a Non-Executive Independent Director, effective from the close of business hours on June 19, 2026. The Board of Directors acknowledged the resignation and recorded its appreciation for her contributions during her tenure.

The resignation was submitted pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mrs. Makhecha cited pre-occupation with other matters as the reason for her departure and confirmed that there were no other material reasons for the decision.

Resignation Details

The company disclosed the specific details regarding the change in directorship in a filing submitted to the exchanges. The following table summarizes the key information:

Mrs. Makhecha’s resignation letter, dated June 19, 2026, was addressed to the Board of Directors and requested relief from duties with immediate effect. The company has noted that the necessary forms will be submitted to the Registrar of Companies to formalize the change.