Latest news about Tijaria Polypipes
Tijaria Polypipes
6.03
+0.17(+2.90%)
Company Performance:
View Company Insights1D+2.90%
1M+37.99%
6M+3.08%
1Y-24.34%
5Y-13.24%
More news about Tijaria Polypipes
01Jul 26
Tijaria Polypipes board to meet on July 9 to consider auditor appointment
Tijaria Polypipes Limited announced a board meeting on July 9, 2026, to appoint statutory auditors for FY 2026-2027 and approve the notice for the 20th Annual General Meeting. The board will also consider appointing an internal auditor and Ms. Vishakha Saini as an Independent Director.
26Jun 26
Tijaria Polypipes reports net loss of ₹128.72 lakh in FY26
Tijaria Polypipes reported a net loss of ₹128.72 lakh for FY26 with zero operational revenue. Auditors issued a disclaimer of opinion due to significant loan defaults, lack of audit evidence, and non-provision of taxes. The company faces operational halts and compliance issues, with directors funding operations personally.
23Jun 26
Tijaria Polypipes confirms no new encumbrance on promoter shares in FY 2025-26
Tijaria Polypipes Limited confirmed via a regulatory filing that its promoters and persons acting in concert did not create any new encumbrance on shares during FY 2025-26. The disclosure, made under SEBI Regulation 31(4), was submitted by Managing Director Alok Jain Tijaria to BSE and NSE.
21Jun 26
Tijaria Polypipes statutory auditor resigns effective June 20, 2026
Tijaria Polypipes Limited statutory auditor M/s. Amit Ramakant & Co. resigned effective June 20, 2026, due to pre-occupation in other assignments. The firm, appointed on June 18, 2025, had completed the statutory audit for FY26 and the limited review for Q4FY26.
28May 26
Tijaria Polypipes narrows FY26 loss to ₹129 crore as operations stay halted
Tijaria Polypipes Limited reported a narrowed net loss of ₹128.72 crore for FY26, down from ₹543.01 crore in the previous year, as operations remained suspended and revenue from operations was nil. Total income stood at ₹22.29 lakh, while finance costs surged to ₹48.85 crore. The independent auditor issued a disclaimer of opinion, citing NPA classification by Bank of India and violations of the Income Tax Act regarding payments made by directors.
13Apr 26
Tijaria Polypipes Limited Submits Q4FY26 SEBI Compliance Certificate for Dematerialized Securities
Tijaria Polypipes Limited filed its Q4FY26 compliance certificate under SEBI Depositories Regulations on 13th April, 2026. The certificate, issued by registrar MUFG Intime India Private Limited on 03rd April, 2026, confirms proper processing of dematerialized securities during the quarter ended 31st March, 2026, with all regulatory timelines and procedures followed for certificate handling and member register updates.
06Apr 26
Tijaria Polypipes Limited Confirms Non-Large Corporate Status Under SEBI Regulations
Tijaria Polypipes Limited has submitted its initial disclosure to BSE and NSE confirming non-compliance with Large Corporate criteria under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144. The company confirmed it has no debt securities and does not fall under the Large Corporate classification as per para 2.2 of the circular, with the disclosure digitally signed by Managing Director Alok Jain Tijaria on April 3, 2026.
01Apr 26
Tijaria Polypipes: Promoter Vardhman Jain Tijaria Increases Stake to 4.33% Through Open Market Purchases
Vardhman Jain Tijaria, a promoter of Tijaria Polypipes Limited, increased his shareholding from 3.5545% to 4.3261% by acquiring 2,20,889 shares through open market purchases during February and March 2026. The acquisition, disclosed under SEBI regulations, demonstrates continued promoter confidence in the company. The total share capital remained unchanged at 28,62,65,790 shares, with the company listed on both BSE and NSE.
30Mar 26
Tijaria Polypipes Limited Submits Rs 53.67 Crore One Time Settlement Proposal to Bank of India
Tijaria Polypipes Limited has submitted a Rs 53.67 crore One Time Settlement proposal to Bank of India for complete resolution of outstanding dues. The company has already deposited Rs 12.00 crore and made additional upfront payments of Rs 5.37 crore, with the remaining amount structured over 180 days. The proposal requires bank approval by April 15, 2026, and includes requests for property document releases and operational facilitations.
30Mar 26
Rajasthan High Court Dismisses Tijaria Polypipes' OTS Settlement Petition Against Bank of India
Rajasthan High Court dismissed Tijaria Polypipes Limited's writ petition challenging Bank of India's rejection of its ₹38.00 crore One-Time Settlement proposal against ₹74.00 crore outstanding dues. Justice Anuroop Singhi ruled on March 27, 2026, that banks cannot be compelled to accept OTS proposals and such decisions rest with their commercial wisdom. The court cited Supreme Court precedent establishing that OTS benefits cannot be claimed as a matter of right, dismissing all related applications in this fourth round of litigation between the parties.
30Mar 26
Tijaria Polypipes Directors Get Conditional Bail After IPO Prospectus Conviction
Tijaria Polypipes Limited directors received conditional bail from Special Court after being convicted for IPO prospectus violations under Companies Act 1956. The court suspended sentences against ₹25,000 surety per director pending appeal, while the original case involved ₹60 crore IPO fund misappropriation and false disclosures to investors.
14Mar 26
Tijaria Polypipes Reports New NCLT Case with April 10, 2026 Hearing Date
Tijaria Polypipes Limited has reported a new NCLT case filed by Bank of India with case number IA(I.B.C.)/258(JPR)2025, scheduled for hearing on April 10, 2026. This development comes after the company's previous ₹38.00 crore One Time Settlement proposal and represents ongoing legal proceedings between the company and the bank.
13Nov 25
Tijaria Polypipes Reports Widening Losses Amid Ongoing Bank of India NPA Case
Tijaria Polypipes Limited reported a net loss of ₹39.60 crores for Q2 2025, up 48.76% from Q1. The company generated no revenue from operations, with total income of ₹10.06 lacs coming solely from other sources. Tijaria faces an NPA case with Bank of India over an outstanding loan of ₹7,116.27 lacs, with the next NCLT hearing scheduled for December 1, 2025. The bank has forfeited promoter and director shares worth ₹540.27 lacs. Operational challenges include suspended production and ₹2,517 lacs in outstanding receivables. Auditors have issued a disclaimer of conclusion, citing concerns over asset recoverability and lack of independent confirmations.
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1,556.30
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3,365.00
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159.24
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193.27
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5,870.00
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284.00
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510.85
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26.49
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