TIRUPATI INDUSTRIES (INDIA) LTD. - Outcome of Committee Meeting - EGM on April 26, 2014

With reference to the earlier announcement regarding the Board meeting held on December 14, 2013 in connection with further issue of capital through issue of shares/convertible warrants on preferential basis, Tirupati Industries India Ltd has now informed BSE that the Committee of Board at its meeting held on March 27, 2014 have decided the following:<br/><br/>1. To issue 2030000 (Twenty Lakh Thirty Thousand) Convertible Warrants of face value of Rs. 10/- each convertible into equity shares not later than 18 months to promoter group and others at a price to be determined as per SEBI (ICDR Regulation). <br/><br/>2. To convene EGM of the members of the Company on April 26, 2014 at the Registered Office of the Company to transact the above mentioned business.<br/><br/>3. Relevant date for the above is March 27, 2014.