Other Textile Products
Board Meeting10 April 2026 at 01:01 pm

Titan Intech Allots 95 Lakh Shares, Appoints Secretarial Auditor

AI Summary

Titan Intech Ltd's Board of Directors, in a meeting on April 10, 2026, approved the allotment of 95,00,000 equity shares. These shares were issued to EIRAVATHI PROPERTIES PRIVATE LIMITED, WEAVLLITE APPARELS PRIVATE LIMITED, and PINISETTI SATYA HEMALATHA, following the conversion of 9,50,000 convertible equity share warrants. The increase in the number of shares allotted is attributed to a reduction in the face value of the company's shares to ₹1.00. Additionally, the Board appointed M/s. Vinay Babu Gade as the Secretarial Auditor for the financial years 2025-26 and 2026-27.

Key Highlights

  • Board approved allotment of 95 lakh equity shares.
  • Shares issued from conversion of preferential warrants.
  • Face value change to ₹1.00 increased allotted shares.
  • M/s. Vinay Babu Gade appointed Secretarial Auditor.