Key Quantitative Figures

  • Annual Consolidated Turnover (FY 2025-26): ₹22.29 Lakh (as per last audited financial statements).
  • Total Estimated Value of Proposed RPTs (FY 2026-27): ₹165.2 Crore.
  • Breakdown of Proposed RPTs by Party:
  • Alok Jain Tijaria: ₹25.00 Crore (Unsecured Loans - Receipt & Payment)
  • Praveen Jain Tijaria: ₹25.00 Crore (Unsecured Loans - Receipt & Payment)
  • Vikas Jain Tijaria: ₹25.00 Crore (Unsecured Loans - Receipt & Payment)
  • Vineet Jain Tijaria: ₹25.00 Crore (Unsecured Loans - Receipt & Payment)
  • Anu Jain Tijaria: ₹5.00 Crore (Unsecured Loans - Receipt & Payment)
  • Sonal Jain Tijaria: ₹5.00 Crore (Unsecured Loans - Receipt & Payment)
  • Reema Jain Tijaria: ₹5.00 Crore (Unsecured Loans - Receipt & Payment)
  • Tijaria Vinyl Private Limited: ₹25.00 Crore (Sales, Purchase, Commission, Rent, Unsecured Loans)
  • Tijaria Industries Limited: ₹25.00 Crore (Sales, Purchase, Commission, Rent, Unsecured Loans)
  • Tijaria LED Industries: ₹5.00 Crore (Sales, Purchase, Commission, Rent, Unsecured Loans)
  • Oliria Foods and Beverages Limited: ₹25.00 Crore (Sales, Purchase, Commission, Rent, Unsecured Loans)
  • KMPs: ₹0.20 Crore (Remuneration)
  • Financial Context: The company's bank account has been marked as a Non-Performing Asset (NPA) by its bank. The company was not in production during FY 2025-26 and reported insufficient funds to operate its business. The ₹22.29 lakh turnover was recorded as 'Other Income' in the Profit & Loss statement.

Dates of Action

  • AGM Date: Friday, August 7, 2026, at 11:30 AM IST.
  • Record Date for AGM: Friday, July 31, 2026.
  • Remote E-Voting Period: Begins Tuesday, August 4, 2026, at 10:00 AM and ends Thursday, August 6, 2026, at 05:00 PM.
  • Board & Audit Committee Approval for RPTs: July 9, 2026.
  • Validity of RPT Approval (if passed): From the date of the 20th AGM (August 7, 2026) until the date of the 21st AGM to be held in calendar year 2027.
  • Original AGM Notice Dispatch Date: July 14, 2026.

Parties Involved

  • Regulators/Exchanges: Ministry of Corporate Affairs (MCA), Securities and Exchange Board of India (SEBI), BSE Limited, National Stock Exchange of India Limited (NSE).
  • Company Officials: Alok Jain Tijaria (Managing Director, DIN:00114937), Praveen Jain Tijaria (Director, DIN:00115002), Vishakha Saini (Proposed Independent Director, DIN:11800700).
  • Related Parties (Promoters/Promoter Group): Alok Jain Tijaria, Praveen Jain Tijaria, Vikas Jain Tijaria, Vineet Jain Tijaria, Anu Jain Tijaria, Sonal Jain Tijaria, Reema Jain Tijaria.
  • Related Parties (Group Companies): Tijaria Vinyl Private Limited, Tijaria Industries Limited, Tijaria LED Industries, Oliria Foods and Beverages Limited.
  • Auditors: M/s Pramod & Associates, Chartered Accountants (FRN: 001557C) - Proposed; M/s Amit Ramakant & Co. - Resigned.
  • RTA/Depository Interface: M/s MUFG Intime India Private Limited.
  • E-Voting Service Provider: National Securities Depository Limited (NSDL).

Purpose & Rationale

  • The corrigendum is issued to add a new item (Item No. 5) for seeking shareholder approval via a special resolution for material related party transactions proposed for FY 2026-27.
  • The stated rationale for the RPTs is that they are "in the ordinary course of business," conducted "on an arm's length basis," and are essential for "maintaining operational flexibility, ensuring adequate working capital support, leveraging synergies within the group, and utilizing shared infrastructure and human resources efficiently."

Financial & Operational Impact

  • The aggregate value of the proposed RPTs (₹165.2 Cr) far exceeds 10% of the company's annual consolidated turnover (₹0.2229 Cr), making them "material" as per SEBI Listing Regulations and mandating shareholder approval.
  • The company explicitly states it has "not sufficient funds to operated its Business" and its accounts are NPA.
  • The impact of the proposed unsecured loans on the company's capital structure or cash flow is not quantified in the disclosure.

Capital Structure Impact

  • No direct impact on share capital from this corrigendum or the proposed RPT resolution is disclosed.
  • The AGM notice includes an ordinary resolution for the re-appointment of Mr. Praveen Jain Tijaria (DIN:00115002), who holds 3,800 shares, as a director liable to retire by rotation.

Other AGM Agenda Items (From Original Notice)

1. Ordinary Business: To receive, consider, and adopt the Financial Statements for FY ended March 31, 2026.

2. Ordinary Business: To re-appoint Mr. Praveen Jain Tijaria as a director liable to retire by rotation.

3. Ordinary Business: To appoint M/s Pramod & Associates as statutory auditors to fill a casual vacancy caused by the resignation of M/s Amit Ramakant & Co.

4. Special Business: To appoint Ms. Vishakha Saini (DIN:11800700) as a Non-Executive Independent Director for a term of 5 years (August 7, 2026, to August 6, 2031).

5. Special Business (Added by Corrigendum): To approve material related party transactions.

Additional Information

  • The registered office address is SP-1, 2316 RIICO Industrial Area, Ramchandrapura Sitapura Extn, Sitapura Industrial Area, Jaipur, Rajasthan, India, 302022.
  • The complete AGM notice, annual report, and this corrigendum are available on the company's website (www.tijaria-pipes.com) and the websites of BSE (www.bseindia.com) and NSE (www.nseindia.com).
  • Detailed instructions for shareholders to participate in the meeting and vote electronically (via NSDL) are provided in the notice.