Tirupati Foam Limited has notified the Bombay Stock Exchange regarding the sudden demise of Smt. Kamla Mehta, a member of the company's promoter group. The announcement was made on 18.02.2026 in compliance with Regulation 30 and 31A of the SEBI (LODR) Regulations 2015.

Promoter Group Member Details

Smt. Kamla Mehta was an individual member of the promoter group who held shares in the company. Her shareholding details prior to demise were as follows:

Regulatory Compliance and Status Change

Following the demise, Smt. Kamla Mehta has ceased to be part of the promoter and promoter group of the company in accordance with Regulation 31A (6)(C) of the SEBI LODR Regulations 2015. This regulatory provision automatically removes deceased promoter group members from their status.

Share Transmission Process

The company has successfully processed the transmission of shares to the nominee. The shares have been transferred to her husband, Mr. Takhatmal Mehta, who continues to remain in the promoter group category. The transmission details are:

Corporate Disclosure

The intimation was signed by CS Aksha Memon, who serves as the Company Secretary, Compliance and Nodal Officer for Tirupati Foam Limited. The disclosure ensures transparency and regulatory compliance regarding changes in the promoter group composition and shareholding patterns.

Tirupati Foam has disclosed a share sale by its promoter group under regulatory compliance requirements. Promoter group member Dhirajben Babulal Kothari sold equity shares in the company through open market transactions on the stock exchange during December 2025.

Share Sale Details

The disclosure filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, reveals the following transaction details:

Transaction Timeline

The share sale occurred over multiple trading sessions between November 26 and December 10, 2025. The daily transaction breakdown shows:

Shareholding Pattern Changes

The promoter's shareholding position before and after the transaction:

Company Capital Structure

The company's equity share capital structure remains unchanged following this transaction:

Regulatory Compliance

The disclosure was submitted to BSE Limited's Corporate Services Department at P.J. Towers, Dalal Street, Mumbai, in compliance with SEBI regulations. The filing ensures transparency in promoter group transactions and maintains regulatory adherence for substantial shareholding changes. CS Aksha Memon, Company Secretary and Compliance Officer, signed the disclosure on behalf of Tirupati Foam Limited.

The company secretary of Tirupati Foam Limited, located at Tirupati House, University Road, Ambawadi, Ahmedabad, was also notified of this transaction as part of the standard disclosure process.