Tirupati Innovar Limited has withdrawn its ₹46.44 Crore rights issue following delays in allotment approvals. The company is initiating fund unblocking for participating investors.
Tirupati Innovar Limited issued a correction regarding its capital structure following a Rights Issue. The outstanding equity shares will increase from 2,44,43,500 to 7,08,86,150 shares (assuming full subscription). The update rectifies a previously reported typographical error in the pre-issue and post-issue capital details.
