Tirupati Innovar Limited Launches Rights Issue of 4,64,42,650 Equity Shares Aggregating Rs. 46,44,26,500

Tirupati Innovar Limited (formerly known as Tirupati Tyres Limited), having Corporate Identification Number L46209MH1988PLC285197 and registered office at Unit No 606, Reliables Pride, Anand Nagar, opp Heera Panna, Jogeshwari West, Mumbai, Maharashtra 400102, has published a newspaper advertisement on May 06, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, announcing the opening of its Rights Issue. The advertisement discloses the completion of dispatch of the Letter of Offer, the Common Application Form, and Rights Entitlements, along with a concise overview of the subscription procedure.

Rights Issue Details

The issue is for private circulation to the eligible equity shareholders of the company. The key parameters of the rights issue are summarised in the table below:

Parameter: Details Number of Shares: 4,64,42,650 fully paid-up equity shares (assuming full subscription) Face Value: Rs. 10.00/- per equity share Issue Price: Rs. 10.00/- per equity share Issue Size: Up to Rs. 46,44,26,500 Rights Ratio: 19 rights shares for every 10 equity shares held Record Date: Thursday, April 30, 2026 Payment: 100% of issue price payable at the time of application Allotment Mode: Dematerialised form only

Issue Programme

The schedule for the rights issue is as follows:

Event: Date Issue Opens On: Thursday, May 07, 2026 Last Date for On-Market Renunciation: Monday, May 11, 2026 Issue Closes On: Friday, May 15, 2026

The Board or a duly authorised committee thereof has the right to extend the issue period, but not exceeding 30 (Thirty) days from the Issue Opening Date (inclusive of the Issue Opening Date). No withdrawal of application shall be permitted by any applicant after the Issue Closing Date.

Application Process

All investors desiring to make an application in this issue are mandatorily required to use the ASBA (Applications Supported by Blocked Amount) process only, in accordance with Regulation 76 of the SEBI (ICDR) Regulations. Investors are required to have an ASBA-enabled bank account with a Self-Certified Syndicate Bank (SCSB) prior to making the application. Applications may be submitted at the Designated Branches of the SCSBs or through the online/electronic mode on the SCSB's website, if made available.

Eligible shareholders who do not receive the Application Form may apply on plain paper, subject to the conditions specified in the Letter of Offer. Applications on plain paper must reach the Designated Branch of the SCSB before Friday, May 15, 2026. Plain paper applicants are not entitled to renounce their Rights Entitlements. The plain paper application format is available on the Registrar's website at www.skylinerta.com .

Rights Entitlements credited in the demat account do not, by themselves, entitle investors to the Rights Shares. Investors must submit an application and make payment of the application money on or before the Issue Closing Date.

Listing and Dispatch of Issue Materials

The company has received in-principle listing approvals from BSE Limited vide Letter No LOD/RIGHT/PR/FIP/101/2026-27 dated 20th April, 2026, and from Metropolitan Stock Exchange of India Ltd vide Letter No MSE/LIST/2026/482 dated 22nd April, 2026. The dispatch of the Application Form, Letter of Offer dated Friday, April 24, 2026, and RE Entitlement letter was completed on Tuesday, May 05, 2026. Issue materials were sent electronically to shareholders who provided valid email addresses, and physically dispatched to others on a reasonable effort basis.

Investors can access the Letter of Offer, the Abridged Letter of Offer, and the Application Form on the following websites:

Company's website: tirupatiinnovar.com

Registrar to the Issue's website: www.skylinerta.com

Stock Exchanges websites: www.bseindia.com and www.mseindia.com

Key Parties

Role: Details Company: Tirupati Innovar Limited (formerly Tirupati Tyres Limited) Managing Director & CFO: Mr. Pavan Patel Company Secretary & Compliance Officer: Ms. Yashaswi Jharbade Registrar to the Issue: Skyline Financial Services Pvt. Ltd., D-153 A, 1st Floor, Okhla Industrial Area, Phase - I, New Delhi-110020; SEBI Registration No.: INR000003241 Escrow Collection Bank: AXIS Bank, Ram Maruti Thane Branch Designated Stock Exchange: BSE Limited

The company confirms that no specific investors have been recognised for the purpose of allotment in the under-subscribed portion. Allotment of equity shares pursuant to the issue will be made exclusively in dematerialised form, and investors will not have the option of receiving allotment in physical form.

Tirupati Innovar Limited has announced the appointment of a new director to its board, marking a significant addition to the company's leadership structure. The appointment was formalized during a board meeting held on May 02, 2026, and disclosed to stock exchanges under Regulation 30 of SEBI Listing Regulations.

Board Appointment Details

The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, has appointed Mr. Manjotsingh Surjitsingh Oberoi (DIN: 09200308) as an Additional Non-Executive Non-Independent Director with effect from May 02, 2026. The appointment is subject to shareholders' approval.

Parameter: Details Name: Mr. Manjotsingh Surjitsingh Oberoi DIN: 09200308 Position: Additional Non-Executive Non-Independent Director Effective Date: May 02, 2026 Status: Subject to shareholders' approval Meeting Time: 10:40 AM to 11:20 AM

Director Profile and Experience

Mr. Manjotsingh Oberoi brings substantial experience to the board, with 32 years of expertise in risk management. His professional background encompasses multiple sectors and leadership roles:

Experience Area: Details Total Experience: 32 years in Risk Management Sector Expertise: Manpower, security services, fleet management, energy, agriculture, and retail Leadership Roles: CEO and other key administrative, secretarial, and executive positions Core Competencies: Building and scaling businesses, workforce management, regulatory compliance Track Record: Operational excellence, client-centric solutions, business continuity and profitability

Regulatory Compliance and Disclosure

The appointment complies with all regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that Mr. Oberoi is not debarred from holding the office of Director by virtue of any order passed by the Securities and Exchange Board of India or any other authority. Additionally, he is not related to any existing directors of the company.

Stock Exchange Communication

The appointment was formally communicated to both BSE Limited (Scrip Code: 539040, Scrip ID: TTIL) and The Metropolitan Stock Exchange of India Limited. The company's ISIN code is INE812Q01016 with the trading symbol TIRUPATIIN.

Company Information

Tirupati Innovar Limited, formerly known as Tirupati Tyres Limited, is headquartered in Mumbai, Maharashtra. The company operates under CIN: L46209MH1988PLC285197 and maintains its registered office at Unit No. 606, Reliables Pride, Anand Nagar, Jogeshwari (W), Mumbai.

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