Tirupati Tyres has informed that the Board of Director of the Company in their meeting held on today, Thursday, July 27, 2023, have considered and approved the following agenda: To Increase in the Authorised Share Capital of the Company from Rs 30,00,00,000 (Rupees Thirty Crores Only) divided into 3,00,00,000 Equity Shares of Rs 10 each to Rs 50,00,00,000 (Rupees Fifty Crores Only) divided into 5,00,00,000 Equity Shares of Rs 10 each & Consequent Amendment to the Capital Clause in the Memorandum of Association of the Company, subject to the approval of members; Sub-division/split of existing equity shares of the company from 1 (One) equity share having face value of Rs 10 each (Rupees Ten only) fully paid up into 10 (Ten) equity shares having face value of Rs 1 each (Rupees One only) fully paid up and subsequent changes in Capital clause of Memorandum of Association of the Company, subject to approval of members of the Company. The Record Date for the proposed sub-division/split shall be decided by the board and will be intimated to the stock exchange in due course.
The above information is a part of company’s filings submitted to BSE.
