TIRUPATI FOAM LIMITED

Meeting Details

The 39th Annual General Meeting of Tirupati Foam Limited was held on August 20, 2026, at 3:30 PM through Video Conferencing (VC) or Other Audio Video Means (OVAM) in compliance with circulars issued by the Ministry of Corporate Affairs and SEBI.

The meeting commenced at 3:30 PM and concluded at 3:46 PM on the same day.

Attendees

Chairman: Mr. Roshan P Sanghvi, Managing Director of the Company

Directors: Majority of directors were present

Panelists Present:

  • Mr. Fenil Shah - Statutory Auditor of the Company
  • Mr. D A Rupawala - Scrutinizer of the company
  • Mr. Rahul Bandiwadekar - Cost Auditor of the Company
  • Mr. Hussain Bootwala - Secretarial Auditor of the Company
  • Mr. Gopalsinh Zala - Chief Financial Officer of the Company

Company Officials: Aksha Memon, Company Secretary and Compliance Officer

Voting Arrangements

E-voting commenced on Monday, August 17, 2026, at 9:00 AM and ended on Wednesday, August 19, 2026, at 5:00 PM through INSTAVOTE platform. Members participating in the meeting had an additional opportunity to cast votes for 30 minutes after the meeting concluded.

Quorum was calculated as per MCA circulars and Section 103 of the Companies Act, 2013, with panelists who are shareholders counted as attendees. Requisite quorum was present.

Financial Statements

The Statutory Auditors, F P and Associates, expressed an unqualified opinion in the Statutory Independent Audit report for the financial year 2025-2026. There were no qualifications, observations or adverse comments on financial statements.

Resolutions Passed

All eight resolutions set forth in the notice were deemed passed on August 20, 2026:

Ordinary Business:

1. Adoption of Financial Statements for FY 2025-2026

2. Re-appointment of Mr. Roshan P Sanghvi (DIN: 01006989) as director retiring by rotation

3. Re-appointment of Mr. Deepak T Mehta (DIN: 00156096) as director retiring by rotation

4. Re-appointment of Mr. Satish A Mehta (DIN: 01007020) as director retiring by rotation

5. Approval of recommended Dividend

6. Ratification of Remuneration of Cost Auditor B.R. & Associates for FY 2026-2027

7. Re-appointment of Mr. Manish R Patel (DIN: 09547012) as Non-Executive and Independent Director for Second Term

8. Approval for sale/disposal of surplus land & building parcel situated at Noida

Shareholder Engagement

There were nil members registered as speakers. Shareholders were given opportunity to mail queries to tfl.cs@tirupatifoam.com.

Additional Information

The voting results along with remote e-voting in the scrutinizer report will be placed on company's website (www.tirupatifoam.com) and BSE Portal.