BSECompany Update4d ago · 7 Nov 2026, 03:59 pm

Intimation of Execution of Agreement for sale of Immovable property.

Tirupati Starch & Chemicals Ltd · 524582

✦ AI SummaryDivestiture

Tirupati Starch & Chemicals Ltd has executed an agreement for the sale of its immovable property at Jaora Compound, Indore, to Mrs. Usha Doshi and Mr. Arpit Doshi for Rs. 2,98,08,000. The sale is expected to be completed by January 15, 2027.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment6/10

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Tirupati Starch & Chemicals Ltd - 524582 - Intimation Of Execution Of Agreement For Sale Of Immovable Property, Pursuant To Regulation 30 Of The SEBI (LODR) Regulation, 2015

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Tirupati Starch & Chemicals Limited Regd. Office: Shree Ram Chambers, 1st Floor, 12 Agrawal Nagar, Main Road, Indore (M.P.) 452001 Phones: 0731-4905001, 4905002, E-mail: tirupati@tirupatistarch.com Works: Village-Sejwaya, Ghata Billod, Dist. Dhar – 454773 (M.P.) TIRUSTA/SE/2026-27 Date: 07th November, 2026 The General Manager, Dept. of Corporate Services – CRD BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street Fort, Mumbai- (MH) 400001 IN Reference: Security ID: TIRUSTA; Security Code: 524582 & ISIN: INE314D01011 Subject: Intimation of Execution of Agreement for Sale of Immovable Property, pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 Dear Sir/Ma’am, In continuation of our intimation dated 01st October, 2026 regarding the outcome of the Board Meeting held on 01st October, 2026, the Board of Directors of Tirupati Starch & Chemicals Limited (“the Company”) had approved the sale of the Company’s immovable property situated at 181, Jaora Compound, Indore (M.P.) – 452001. Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (LODR) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026, we hereby inform you that the Company has, executed an Agreement for Sale with Mrs. Usha Doshi W/o Mr. Vipin Doshi and Mr. Arpit Doshi S/o Mr. Vipin Doshi, for the sale of the aforesaid property today, i.e. on 07th November, 2026. The details required under Regulation 30 read with Part A of Schedule III of the SEBI (LODR) Regulations, 2015 read with read with SEBI Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30th January, 2026 (Master Circular) are given in ‘Annexure - A’. You are requested to please take the same on record. Thanking you, Yours sincerely, For, Tirupati Starch & Chemicals Limited Sourabh Vishnoi (Company Secretary cum Compliance Officer) M No.: A57433 Encl.: CIN: L15321MP1985PLC003181 • website: www.tirupatistarch.com Tirupati Starch & Chemicals Limited Regd. Office: Shree Ram Chambers, 1st Floor, 12 Agrawal Nagar, Main Road, Indore (M.P.) 452001 Phones: 0731-4905001, 4905002, E-mail: tirupati@tirupatistarch.com Works: Village-Sejwaya, Ghata Billod, Dist. Dhar – 454773 (M.P.) ANNEXURE-A Disclosures under Regulation 30 read with Part A of Schedule III of the SEBI (LODR) Regulations, 2015 read with read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 (Master Circular) is disclosed as under: Sr. Details of Event (s) that need to be provided The amount and percentage of the turnover or revenue or income and net worth contributed 1. by such unit or division or undertaking or NIL subsidiary or associate company of the listed entity during the last financial year Date on which the agreement for sale has been 2. 07th November, 2026 entered into On or before 15th January, 2027 3. The expected date of completion of sale/disposal Subject to fulfilment of its terms and conditions Total sale consideration of Rs. 2,98,08,000/- 4. Consideration received from such sale/disposal (Rupees Two Crore Ninety Eight Lakhs Eight Thousand Only), to be received. Buyer: 1. Mrs. Usha Doshi W/o Mr. Vipin Doshi 2. Mr. Arpit Doshi S/o Mr. Vipin Doshi Brief details of buyers and whether any of the R/o 06 Parsi Mohalla, Jain Mandir ke Pass, 5 buyers belong to the promoter/ promoter Main Road, Chhawni, Indore (MP) 452001 IN group/group companies. If yes, details thereof The buyer does not belong to the promoter/promoter group/group companies of the Company. Whether the transaction would fall within No. The transaction does not fall within the 6. related party transactions? If yes, whether the purview of related party transactions. same is done at “arm’s length” Not Applicable. The proposed sale of the property is not pursuant to or as part of any Whether the sale, lease or disposal of the Scheme of Arrangement. Further, the proposed undertaking is outside Scheme of Arrangement? sale of the said property does not constitute the If yes, details of the same include compliance sale, lease or disposal of an undertaking or with regulation 37A of LODR Regulations. substantially the whole of the undertaking of the Company under Section 180(1)(a) of the Companies Act, 2013. Additionally, in case of a slump sale, indicative disclosures provided for amalgamation/merger, Not Applicable. The proposed transaction is not shall be disclosed by the listed entity with a slump sale. respect to such slump sale. CIN: L15321MP1985PLC003181 • website: www.tirupatistarch.com