Latest news about Tijaria Polypipes
Tijaria Polypipes
4.33
+0.05(+1.17%)
Company Performance:
View Company Insights1D+1.17%
1M-5.46%
6M-1.81%
1Y-53.89%
5Y-54.66%
More news about Tijaria Polypipes
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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