Outcome of Board Meeting

July 10, 2026 THE NATIONAL STOCK EXCHANGE OF INDIA LIMITED, Exchange Plaza, Plot no. C/1, G Block, Bandra-Kurla Complex Bandra (E), Mumbai-400051 Scrip Symbol: TIRUPATIFL Sub: Outcome of Board Meeting under Regulation 30 read with Schedule III of SEBI (Listing Regulation and Disclosure Requirement) regulations, 2015 Dear Sir/Madam, This is to inform you under Regulation 30 and any other Regulation of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 that a meeting of the Board of Directors of the Company was held on Friday, July 10, 2026 and the said meeting commenced at 6:10 and concluded at 6:45 p.m. In that meeting the Board has considered and approved the following: 1. Considered and approved the allotment of 8,50,000 (Eight Lakhs Fifty Thousand) Equity Shares of Rs.2/- at a premium of Rs.30/- per equity share pursuant to conversion of 8,50,000 Convertible Warrants (out of total 1,17,60,000 Convertible Warrants as earlier issued and allotted on January 16, 2025) into equal number of Equity Shares on preferential basis to Non-Promoter under the terms of SEBI (Issue of Capital & Disclosures Requirement) Regulation, 2018. The details as required for allotment of equity shares upon conversion of warrants under Regulation 30 of SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 are given in the enclosed in Annexure-I and Annexure-II. This is in furtherance of the intimation given by the Company on January 16, 2025, wherein the Company had allotted 1,17,60,000 convertible warrants at issue price of Rs.32/- per warrant to total 11 number of allottees on preferential basis. In this regards, Rs.9,40,80,000/- (25% of the issue price) has already been received as the initial subscription amount at the time of allotment of the warrants from the respective bank accounts of the allottees. Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we hereby wish to inform you that further, 4 (Four) allottees belonging to Non- Promoter Group of the company have also exercised their right to convert 8,50,000 warrants allotted to them into equity shares have deposited 75% of the consideration amount aggregating to Rs.2,04,00,000/- towards the allotment of 8,50,000 warrants as warrants allotment money and have exercised the rights to convert 8,50,000 warrants allotted into 8,50,000 equity shares of the Company of face value Rs.2/- each. It may please be noted that consequent to this conversion, NIL (zero) warrants remain outstanding, as the entire 1,17,60,000 warrants allotted on January 16, 2025 have been fully converted into equity shares within the prescribed period i.e. within 18 months from the date of warrant allotment. Consequent to the aforesaid allotment, the paid-up equity capital of the Company has increased from Rs. 25,83,80,000/- consisting of 12,91,90,000 Equity Shares of Rs. 2/- each to Rs. 26,00,80,000/- consisting of 13,00,40,000 Equity Shares of Rs. 2/- each. The new equity shares so allotted shall rank pari passu with the existing equity shares of the company in all respects, including the payment of dividend and voting rights. Kindly take the same on record. Yours faithfully, For, TIRUPATI FORGE LIMITED HITESHKUMAR G. THUMMAR MANAGING DIRECTOR DIN: 02112952 Annexure I List of Allottees: Name of Allottees Nos. of Nos. of Nos. of No. of equity Warrants Warrants warrants Warrants shares pending for Allotted already applied allotted, conversion converted for upon into conversion conversion/ Equity exchange of Warrants Promoter and Promoter Group Chetna Mukeshbhai 34,50,000 34,50,000 0 0 NIL Thumar Bhargavi Manojbhai 20,00,000 20,00,000 0 0 NIL Thummar Hiteshkumar 10,00,000 10,00,000 0 0 NIL Gordhanbhai Thummar Non-Promoter/Public Devansh Trademart LLP 30,00,000 30,00,000 0 0 NIL Ekta Agarwal 10,00,000 10,00,000 0 0 NIL Mayank Gupta 4,50,000 0 4,50,000 4,50,000 NIL Lata Dhiraj Shah 3,60,000 3,60,000 0 0 NIL Adiraju Rajendra Prasad 2,00,000 0 2,00,000 2,00,000 NIL Dea Capital 1,00,000 1,00,000 0 0 NIL Management Private Limited Jayantilal Gada HUF 1,00,000 0 1,00,000 1,00,000 NIL Piyush Gala 1,00,000 0 1,00,000 1,00,000 NIL Total 1,17,60,000 1,09,10,000 8,50,000 8,50,000 NIL For, TIRUPATI FORGE LIMITED HITESHKUMAR G. THUMMAR MANAGING DIRECTOR DIN: 02112952 Annexure-II The details as required for allotment of equity shares upon conversion of warrants under Regulation 30 of SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 are: Sr. No. Particulars of Material Event a. Type of Securities proposed to be issued: Equity shares issued and allotted pursuant to conversion of warrants to the Non-Promoter Group. b. Type of Issuance: Preferential allotment in accordance with the provisions of the Companies Act, 2013 and the rules made thereunder and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended ("ICDR Regulations") and other applicable laws. c. Total number of securities proposed to be issued or the total amount for which the securities will be issued (approximately): The Board has allotted 8,50,000 (Eight Lakhs Fifty Thousand) Fully paid-up Equity Shares upon conversion of equal number of convertible Warrants at a price of Rs.32/- (Rupees Thirty Two Only) including premium of Rs.30/- (Rupees Thirty only) per equity share. d. Details to be furnished in case of preferential issue: i. Name of Allottees upon conversion of Warrants into Equity Shares: As mentioned in Annexure I b. Post allotment of securities – outcome of the subscription, issue price/allotted price (in case of convertibles), number of investors Outcome of the Subscription: Name of Pre Issue Equity No. of Post Issue Equity Allottee (s) Holding Shares Holding after exercise allotted of warrants No. of % upon No. of % Shares conversion Shares warrants Mayank Gupta 0 0.00% 4,50,000 4,50,000 0.35% Adiraju 0 0.00% 2,00,000 2,00,000 Rajendra 0.15% Prasad Jayantilal Gada 0 0.00% 1,00,000 1,00,000 0.08% Piyush Gala 0 0.00% 1,00,000 1,00,000 0.08% Total 0 0.00% 8,50,000 8,50,000 0.65% Issue Price/Allotted Price (in case of convertibles): Issue price of Rs.32/- each including premium of Rs.30/- per share. Number of Investors: In case of Convertibles-Intimation on conversion of securities or on lapse of the tenure of the instrument: Exercise of 8,50,000 (Eight Lakhs Fifty Thousand) convertible warrants into 8,50,000 (Eight Lakhs Fifty Thousand) Fully paid up Equity Shares of Rs.2/- each at a price of Rs.32/- (Rupees Thirty Two Only) including premium of Rs.30/- (Rupees Thirty only) per equity share. For, TIRUPATI FORGE LIMITED HITESHKUMAR G. THUMMAR MANAGING DIRECTOR DIN: 02112952