Tirupati Foam Limited has announced a dividend of 10% (Re. 1 per share) for its shareholders, as approved by the company's Board of Directors. The record date for dividend eligibility has been set for September 22, 2025.

Dividend Details

The company will pay a dividend of Re. 1 per share on 4,407,000 equity shares, subject to shareholder approval at the upcoming Annual General Meeting (AGM). This decision reflects the company's commitment to rewarding its shareholders.

Key Dates

Annual General Meeting

Tirupati Foam Limited has scheduled its 38th Annual General Meeting for Monday, September 29, 2025, at 3:30 PM. The meeting will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM), in line with current corporate practices.

E-voting Information

Shareholders can participate in decision-making through electronic voting:

Other Board Decisions

The Board of Directors also approved several other matters during their meeting on August 28, 2025:

1. Appointment of M/S D.A Rupawala & Associates as scrutinizers for the e-voting process and poll at the AGM.
2. Approval of the Directors' Report and Annual Report for the financial year 2024-2025.
3. Re-appointment of Mr. Venibhai Purohit (DIN: 00155932) as a director, subject to shareholder approval.
4. Re-appointment of three Independent Directors for a second term of five years each:
   • Mr. Avanish R Shah (DIN: 09218941) - effective from June 1, 2026
   • Mr. Paresh D Kothari (DIN: 09280965) - effective from July 1, 2026
   • Mr. Mukesh M Shah (DIN: 09349128) - effective from September 1, 2026
5. Re-appointment of Mr. Gopalsinh Ratansinh Zala as Chief Financial Officer for another term of 5 years.

Investors and shareholders are advised to take note of these important dates and decisions. The dividend payment, subject to approval at the AGM, represents the company's financial performance and its policy of sharing profits with shareholders.

The announcement was made to the Bombay Stock Exchange by Company Secretary CS Aksha Memon, ensuring compliance with regulatory requirements and transparent communication with stakeholders.

Tirupati Foam Limited, a leading manufacturer of polyurethane foam, has released its unaudited financial results for the first quarter. The company's performance shows a slight decline in revenue and profit compared to the same period last year.

Financial Highlights

Tirupati Foam Limited reported a total income of ₹2,305.32 lakhs for the quarter, down from ₹2,473.36 lakhs in the corresponding quarter of the previous year, marking a decrease of 6.79%. The company's revenue from operations stood at ₹2,296.46 lakhs, compared to ₹2,468.15 lakhs in Q1 FY2025, reflecting a decline of 6.96%.

The net profit after tax for the quarter was ₹42.39 lakhs, showing a decrease of 10.13% from ₹47.17 lakhs in the same quarter last year. Consequently, the earnings per share (EPS) stood at ₹0.96, down from ₹1.07 in Q1 FY2025.

Board Meeting Outcomes

The company's Board of Directors met on August 12, 2025, to review and approve the financial results. In addition to the financial review, the Board made several key decisions:

1. Re-appointments: The Board re-appointed B R & Associates as the Cost Auditor for the financial year 2025-2026.

2. Internal Audit: D A Rupawala & Associates were re-appointed as the Internal Auditor for FY 2025-2026.

3. Secretarial Audit: Hussain Bootwala & Associates were re-appointed as the Secretarial Auditor for a term of five years, from FY 2025-2026 to FY 2029-2030.

Trading Window Closure

In compliance with regulatory requirements, Tirupati Foam Limited has announced that the trading window for dealing in the company's securities will remain closed from July 1, 2025, to August 14, 2025 (both days inclusive).

Tirupati Foam Limited continues to operate in the polyurethane foam manufacturing segment, catering to various industries. The company's management and board remain committed to maintaining transparency and adhering to regulatory standards in their financial reporting and corporate governance practices.