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Tirupati Forge Ltd. ( (IN:TIRUPATIFL) ) has issued an update.
Tirupati Forge Ltd. has announced the conversion of 20,00,000 convertible warrants into equity shares, following a board meeting on October 17, 2025. This conversion, part of a larger issuance of 1,17,60,000 warrants, signifies a strategic move to strengthen the company’s capital base and enhance its equity structure. The newly allotted shares will be on par with existing shares, ensuring equal dividend and voting rights, which could potentially impact shareholder value and market perception positively.
More about Tirupati Forge Ltd.
Tirupati Forge Ltd. operates in the manufacturing industry, focusing on the production of forged components. The company primarily caters to sectors requiring high-quality forged products, positioning itself as a key player in the market for industrial components.
Average Trading Volume: 211,113
Technical Sentiment Signal: Buy
Current Market Cap: 4.63B INR
For detailed information about TIRUPATIFL stock, go to TipRanks’ Stock Analysis page.