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Tirupati Forge Converts Warrants to Equity Shares in Strategic Move

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Tirupati Forge Converts Warrants to Equity Shares in Strategic Move

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The latest announcement is out from Tirupati Forge Ltd. ( (IN:TIRUPATIFL) ).

Tirupati Forge Limited, a company involved in the manufacturing sector, has announced the conversion of 20,00,000 convertible warrants into equity shares, marking a significant step in its capital restructuring efforts. This move, approved by the Board of Directors, involves the issuance of shares at a premium, reflecting the company’s strategic focus on strengthening its financial position and enhancing shareholder value.

More about Tirupati Forge Ltd.

Average Trading Volume: 211,113

Technical Sentiment Signal: Buy

Current Market Cap: 4.63B INR

For an in-depth examination of TIRUPATIFL stock, go to TipRanks’ Overview page.

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