Allotment of Securities

07th September, 2026 Listing Department National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G - Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051 Dear Sir/Madam, Symbol: TIRUPATIFL Sub: Outcome of Board Meeting under Regulation 30 read with Schedule III of SEBI (Listing Regulation and Disclosure Requirement) regulations, 2015. With reference to the captioned subject and in terms of the provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at their Meeting held today i.e. Monday, 07th September, 2026 which was commenced at 2 :45 P.M. and concluded at 3:10 P.M. has considered and approved the following: Allotment of 37,00,000 (Thirty-Seven Lakh) fully convertible equity warrants (“Warrants”), each Warrant being convertible into or exchangeable for one (1) fully paid- up equity share of the Company having a face value of Rs. 2/- (Rupees Two only) each (“Equity Share”), at an issue price of Rs. 58/- (Rupees Fifty-Eight only) per Warrant, including a premium of Rs. 56/- (Rupees Fifty-Six only) per Warrant, aggregating to Rs. 21,46,00,000/- (Rupees Twenty-One Crore Forty-Six Lakh only), upon receipt of Rs. 5,36,50,000/- (Rupees Five Crore Thirty-Six Lakh Fifty Thousand only), representing 25% of the total issue price as upfront consideration, to the Promoters and Promoter Group of the Company on a preferential basis. The Details as required for Allotment of fully Convertible equity warrants under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 and SEBI Circular SEBI/HO/CFD/CFD- PoD-1/P/CIR/P/2023/123 dated July 13, 2023 are given in the enclosed Annexure-I. Kindly take the above information on record. For and on behalf of, Tirupati Forge Limited Hiteshkumar G. Thummar Managing Director - DIN: 02112952 Annexure-I The Details as required for Allotment of fully Convertible equity warrants under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 and SEBI Circular SEBI/HO/CFD/CFD- PoD-1/P/CIR/P/2023/123 dated July 13, 2023 are: ===================================================================== Sr. Particulars Disclosures 1. Type of securities Convertible Warrants issued on Preferential basis proposed to be issued 2. Type of issuance Preferential allotment in accordance with the Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, the Companies Act, 2013 and other applicable laws. 3. Total number of The Company proposed to issue 37,00,000 (Thirty-Seven securities proposed to be Lakh) fully convertible equity warrants at an issue price of issued or the total Rs. 58/- (Rupees Fifty-Eight only) per Warrant, aggregating amount for which the to Rs. 21,46,00,000/- (Rupees Twenty-One Crore Forty-Six securities will be issued Lakh only). Additional Details furnished in case of preferential issue: 4 Issue Price issue price of Rs. 58/- (Rupees Fifty-Eight only) per Warrant, including a premium of Rs. 56/- (Rupees Fifty-Six only) per Warrant, Names of investors and Name of the No. of Post Issue Category Post allotment of allottees Convertible holding securities outcome of Warrants (Assuming the subscription allotted Full Conversion of warrant) Chetna Mukeshbhai 13,87,500 2,14,35,300 Promoter Thumar Group Bhargvi Manojbhai 13,87,500 1,96,70,300 Promotor Thummar Hiteshkumar Godhanbhai 9,25,000 1,29,96,565 Promotor Thummar 5 In case of convertibles, The warrant holders are, subject to the SEBI (ICDR) intimation on conversion Regulations and other applicable rules, regulations and of securities or on lapse laws, entitled to exercise the warrants in one or more of the tenure of the tranches within a period of 18 (Eighteen) months from the instrument date of allotment of the warrant. 6 Nature of Consideration Cash For and on behalf of, Tirupati Forge Limited Hiteshkumar G. Thummar Managing Director DIN: 02112952