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Tirupati Foam board approves sale of surplus land and building

21 Jul 2026 Evaluate
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations), as amended, Tirupati Foam has informed that the Board of Directors of Tirupati Foam at its meeting held today, i.e. July 20th, 2026, has approved the sale of Surplus land and Building details mentioned under Annexure A. As minimal business operations of the Company were carried out on the said land and building being sold, the said sale will not have any impact on the business operations of the Company. Further the sale of the said Property does not constitute as an undertaking or substantially the whole of the undertaking for the Company in terms of section 180(1)(a) of the Companies Act, 2013. The purchaser is not related to the Promoter, Promoter Group or Group Companies of the Company and the transaction does not fall within the ambit of Related Party Transactions. None of the Promoters, Directors, Key Managerial Personnel or their relatives are concerned or interested, financially or otherwise, in the aforementioned transaction. The details with respect to the above sale as required under Regulation 30 of SEBI Listing Regulations read with SEBI circular SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated 13th July, 2023, SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024 and HO/49/14/14(7)2025- CFDPOD2/I/3762/2026 dated January 30, 2026 is enclosed as Annexure A. Board Meeting commenced at 3.30 pm and completed at 4.30 pm.

The above information is a part of company's filings submitted to BSE.

Tirupati Foam Share Price

74.97 3.57 (5.00%)
22-Jul-2026 16:59 View Price Chart
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