Synopsis: Tirupati Innovar has approved a 1:10 stock split and a 5:8 bonus issue. Shareholders will receive more shares while the overall value of their investment remains unchanged.
This Penny Stock, engaged in the manufacturing and supply of electrical and electronic products, offering engineering solutions for power distribution, industrial automation, and infrastructure applications, is in focus after the company’s board of directors ro approved a 1:10 stock split and a 5:8 bonus issue.
With a market capitalization of Rs. 73.58 crore, the shares of Tirupati Innovar Limited were currently trading at Rs. 10.38 per equity share, down nearly 1.98 percent from its previous day’s close price of Rs. 10.59.
What is the News?
Tirupati Innovar Limited’s Board of Directors, in its June 19th, 2026, board meeting, approved a 1:10 stock split, aiming to make shares more affordable and improve market participation.
The board had decided to issue a stock split at a ratio of 1:10, meaning that each equity share’s face value of Rs. 10 will be divided into ten equity shares with a share value of Re. 1 each.
For example, if a shareholder owns 10,000 shares valued at Rs. 10 each in Tirupati Innovar Limited, after the 1:10 stock split, their total holding will increase to 1,00,000 shares with a face value of Re. 1 each. The value of the holding will remain unchanged.
Additionally, the company’s Board of Directors has also decided to issue bonus shares at a ratio of 5:8, meaning that shareholders will receive five new fully paid-up equity shares of Re. 1 each for every eight existing fully paid-up equity shares they hold.
The shareholder will own 100,000 shares of Tirupati Innovar Limited after the stock split. They will receive 62,500 bonus shares, bringing their total holding to 162,500 shares after the 5:8 bonus issue.
Products and services
Tirupati Innovar offers a wide portfolio that includes low- and medium-voltage switchgear, control panels, and energy distribution systems. It also provides customized automation and electrical solutions for industries such as manufacturing, utilities, and infrastructure. The company’s products are positioned to align with India’s push for modernization and self-reliant energy infrastructure.
Company Overview
Tirupati Innovar Limited is an Indian company engaged in the manufacture and supply of electrical and electronic products. It focuses on providing industrial and consumer solutions that integrate energy efficiency, automation, and sustainable technology for diverse market segments.
Recent Quarter Results
Coming into financial highlights, Tirupati Innovar Limited’s revenue has increased from Rs. 10.99 crore in Q4 FY25 to Rs. 73.20 crore in Q4 FY26, which has grown by 566.06 percent. The company’s net profit has shifted from positive to negative, from a net profit of Rs. 0.68 crore in Q4 FY25 to a net loss of Rs. 1.83 crore in Q4 FY26.
In terms of return ratios, the company’s ROCE and ROE stand at 1.44 percent and 1.17 percent, respectively. Tirupati Innovar Limited has an earnings per share (EPS) of Rs. 0.09, and its debt-to-equity ratio is 0.09x.
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