Tirupati Innovar's Rights Issue Committee approved a ₹46.44 crore rights issue of 4.64 crore shares at ₹10 each.
The record date is April 30, 2026, with a 19:10 entitlement ratio for existing shareholders.
The issue opens on May 7, 2026, and closes on May 15, 2026, with renunciation permitted until May 12.
The committee also approved the appointment of Manjotsingh S. Oberoi as an Additional Non-Executive Director.