TPI India Limited Board Meeting Scheduled for January 23, 2026 to Consider Rights Issue

TPI India Limited has announced a board meeting scheduled for January 23, 2026, to consider and approve a rights issue for fund raising purposes. The company formally notified BSE Limited on January 20, 2026, in compliance with Regulation 29(1)(d) of SEBI (LODR) Regulations, 2015.

Rights Issue Details

The board meeting will focus on the following key agenda:

Parameter:	Details
Meeting Date:	Friday, January 23, 2026
Purpose:	Fund raising through rights issue
Share Type:	Equity shares
Face Value:	₹1.00 per share
Eligible Recipients:	Existing equity shareholders
Issue Basis:	Rights basis

Regulatory Compliance Framework

The proposed rights issue will be executed subject to receipt of necessary approvals from regulatory authorities. The company will ensure compliance with multiple regulatory frameworks including the Companies Act, 2013 (as amended), SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (as amended), and other applicable laws.

Corporate Communication

The intimation was signed by Bharat Chimanlal Parekh, Managing Director (DIN: 02650644), from the company's Murbad location. TPI India Limited has made the board meeting intimation available on its official website at www.tpiindia.in for stakeholder reference.

Market Information

TPI India Limited trades on BSE Limited under security code 500421. The formal notification ensures transparency and regulatory compliance ahead of the crucial board deliberations on the fund raising initiative.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	+5.68%	-0.56%	-15.79%	-17.86%	+451.72%

TPI India Limited , a manufacturer of polymer-based products, has disclosed its unaudited financial results for the quarter ended September 30, 2025, revealing a concerning financial situation. The company's Board of Directors approved these results in a meeting held on November 13, 2025.

Financial Distress

The quarterly results have brought to light a critical issue facing TPI India:

The company's accumulated losses have completely exceeded its share capital and reserves.
This has resulted in a complete erosion of the company's net worth, indicating significant financial distress.

Auditors' Concerns

The gravity of the situation is further emphasized by the auditors' report:

Auditors have raised concerns about the company's going concern assumption.
This highlights the severe financial challenges TPI India is currently facing.

Board Meeting Details

Aspect	Details
Date	November 13, 2025
Time	3:30 PM to 4:00 PM
Venue	Registered Office
Key Approval	IND-AS compliant standalone unaudited Financial Results

Company Information

Information	Details
Company Name	TPI India Limited
CIN	L28129MH1982PLC026917
Registered Office	Plot No. J-61, Additional M.I.D.C. Murbad, Dist. Thane-421 401, Maharashtra, India

The complete erosion of net worth raises serious questions about TPI India's financial stability and future operations. Stakeholders, including investors and creditors, may need to closely monitor the company's plans for addressing this critical situation.

As the polymer-based products manufacturer navigates these challenging times, it remains to be seen what steps the management will take to improve the company's financial health and restore stakeholder confidence.