Tirupati Fincorp Ltd

Tirupati Fincorp Ltd has submitted a response to the stock exchange regarding a delay in disclosing a material event related to a cyber security incident and data loss. The company experienced a major cyber-attack on July 3, 2026, leading to a system crash and inaccessibility of critical data, including login credentials and records. This prevented timely filing with the BSE. Further, the unavailability of key personnel and IT developers on July 4, 2026 (a Saturday) and due to heavy rainfall, compounded the delay. The disclosure was made immediately after partial system restoration and data retrieval. The company requests the delay be condoned due to these unavoidable circumstances.

Tirupati Fincorp Ltd has reported a significant cybersecurity incident where its entire server infrastructure was compromised on July 03, 2026. This has resulted in the inaccessibility and loss of the company's servers, email systems, and data from that date onwards. The company is actively working with technical experts to recover the affected data and is assessing the overall impact. Containment and recovery measures are in place, with efforts to restore normal operations. The full extent of the impact is still under evaluation, and further updates will be provided to the stock exchange.

Tirupati Fincorp Ltd has announced the closure of its trading window for all designated persons and their immediate relatives. The window will be shut from Wednesday, July 01, 2026, until 48 hours after the conclusion of the upcoming board meeting. This meeting is scheduled to consider the unaudited financial results for the quarter ended June 30, 2026. The exact date of the board meeting will be communicated later. This measure is in compliance with SEBI's Prohibition of Insider Trading Regulations, 2015, to prevent any potential insider trading activities.

The Board of Directors of Tirupati Fincorp Ltd approved the adoption of a new Memorandum of Association (MOA) and Articles of Association (AOA) at its meeting on May 16, 2026. These changes are subject to shareholder and other regulatory approvals. Details regarding the alterations to the MOA and AOA are provided in Annexure A and Annexure B, respectively.

Tirupati Fincorp Ltd's board approved audited financial statements for the year ended March 31, 2026, with a disclaimer of opinion from the statutory auditors, M/s. JCR & Co. LLP. The disclaimer is due to unresolved issues regarding the write-off of loan liabilities and an increment in income of ₹8.20 crores from the previous year, which were not adequately addressed by the company. The board meeting concluded at 6:00 P.M.

Tirupati Fincorp Ltd has re-appointed M/S. TRS & Co., Chartered Accountants, as the Internal Auditor of the Company for the Financial Year 2026-27, based on the recommendation of the Audit Committee. The reappointment is effective from April 01, 2026. M/s. TRS & Co. is responsible for evaluating and improving the effectiveness of the company's risk management, control, and governance processes.

Tirupati Fincorp Ltd's board approved the audited financial statements for FY26, an investment in Tirupati Supereco Automotive Holding Company Limited, a proposal for share capital reduction, adoption of new Articles and Memorandum of Association, and the re-appointment of M/s TRS & CO as Internal Auditor for FY 2026-27. However, the auditor, JCR & CO. LLP, issued a disclaimer of opinion on the standalone financial results due to unresolved issues regarding loan liabilities and income write-offs from FY25.

Tirupati Fincorp Ltd has informed the BSE that the Board of Directors meeting, initially scheduled for May 15, 2026, has been postponed due to unforeseen circumstances. The meeting is now rescheduled to be held on May 16, 2026.

Tirupati Fincorp Ltd has announced the rescheduling of its Board Meeting, originally scheduled for May 13, 2026, to May 15, 2026, due to unforeseen circumstances. The company informed the stock exchange of the postponement via a letter dated May 6, 2026.

Tirupati Fincorp Ltd has scheduled a Board of Directors meeting on May 13, 2026, to consider and approve audited financial statements for FY26, re-appoint Mrs. Bansri Bhavesh Dedhia, approve investments in Tirupati Supereco Automotive Holding Company Limited, consider share capital reduction, adopt new Articles and Memorandum of Association, re-appoint M/s TRS & CO as Internal Auditor, and discuss other matters. The trading window is closed from April 1, 2026, and will reopen 48 hours after the board meeting.