Tirupati Innovar Receives BSE, MSEI Rights Issue Approval

Tirupati Innovar Limited received in-principle approval from BSE and MSEI for a ₹47 crore rights issue of equity shares.
The approval is subject to compliance with SEBI Listing Regulations, ICDR Regulations, and other statutory requirements.
The company must fix a record date and disclose the issue price at least three working days prior to it.
The rights issue ratio and premium per share details were not disclosed in the approval letters.