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Tipco Engineering India shareholders approved Rs 79.49 crore share and warrant issuance As on : 17-Sep-26  18:35

Tipco Engineering India Limited, formerly Tipco Engineering India Private Limited, convened an Extraordinary General Meeting (EGM) on Thursday, September 17, 2026, where shareholders approved an increase in the company’s authorized share capital from Rs 25,00,00,000 to Rs 30,00,00,000, the issuance of up to 21,02,400 equity shares at Rs 180 per share, and the issuance of up to 44,16,000 fully convertible warrants at Rs 180 per warrant, aggregating up to Rs 79,48,80,000. The meeting, held via video conferencing and other audio-visual means, also approved the appointment of M/s Mittal Vaish & Co., Chartered Accountants as statutory auditors and the regularization of Sanjay Kumar as a Non-Executive Independent Director.