Tirupati Innovar Board Approves 1:10 Split & 5:8 Bonus

Tirupati Innovar Ltd's Board of Directors approved a 1:10 stock split, subdividing each ₹10 face value equity share into ten ₹1 face value shares. Concurrently, the Board also approved a 5:8 bonus issue, meaning five bonus shares for every eight equity shares held, to be calculated on the post-split share capital. Both proposals are subject to shareholder approval via postal ballot. Additionally, the Board accepted the resignations of Ms. Yashaswi Jharbade as Company Secretary & Compliance Officer and Mrs. Kiran Parsotambhai Makhecha as Non-Executive Independent Director, effective June 19, 2026.