Tirupati Foam Ltd has scheduled its Second Board Meeting and an accompanying meeting of Independent Directors for Monday, July 20, 2026. The meetings are set to address a range of critical corporate governance issues, including the approval of annual reports, dividend recommendations, and key director appointments.
The full Board of Directors meeting is slated to take place on July 20, 2026, at 3:30 p.m. Key items proposed for consideration include finalizing and approving the Annual Report for the financial year 2025-26. The agenda also covers the approval of the 39th Directors Report, along with all annexures, as well as the Secretarial Audit Report MR-3 for FY 2025-26.
Financial and operational decisions scheduled for discussion include recommending and approving the rate of Dividend. The board is also tasked with fixing the cut off or record date necessary for e-voting facility provision and dividend payment to members. Furthermore, the company plans to fix the Date, time, and Place of the 39th Annual General Meeting (AGM).
In matters of governance and asset management, the meeting includes approval for the Sale of Surplus Land and Building located in Noida, which is subject to shareholder approval at the upcoming AGM. The board will also finalize the period for e-voting related to the AGM and appoint a Scrutinizer to verify the e-voting process.
The agenda also covers appointments and audits. Manish Patel (DIN: 09547012) is slated for re-appointment as a Non-Executive Independent Director for a second term of five years, while the Cost Auditor B R & Associates is proposed for re-appointment, subject to shareholder approval.
In parallel, the meeting of the company’s Independent Directors will convene on the same date and time. The directors are mandated to review the performance of non-independent directors and the Board as a whole. They will also assess the quality, quantity, and timeliness of the information flow between the company management and the Board, in addition to reviewing the performance of the Chairperson of the company.
Stock Price Movement
Tirupati Foam Ltd saw its shares settle at ₹69.82 on Thursday, edging higher by 4.99%. The stock’s movement was entirely contained throughout the day, trading completely flat as the intraday high and low were both recorded at ₹69.82.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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