TILBSETIL LtdMinimalNeutral
Announced Sat, 2 May · 17:59 IST

Letter attached

TIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+3.5%1-day move
₹198.93
prior close
₹200.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2-0.4+0.2+0.0+3.5+8.7+9.0+2.8+0.5-2.0-2.0-10.8+12.9
Up moveDown movePending
AI summary

TIL Limited filed a revised statement (replacing an earlier submission due to inadvertent error) confirming there are NO deviations or variations in the utilization of Rs. 60 Crores raised through conversion of 37,50,000 equity warrants allotted on 28th January 2026. The funds were allocated across three heads: capital expenditure for growth including acquisition (Rs. 36 Crores), working capital (Rs. 12 Crores), and general corporate purposes (Rs. 12 Crores). As of Q4 FY26 (31st March 2026), Rs. 2,088 Lakhs (~Rs. 20.88 Crores) has been utilized out of Rs. 6,000 Lakhs, with the capital expenditure portion being deployed in a phased manner as planned. Both the Audit Committee and auditors reported no comments or concerns.

Likely market impact

No negative signal — the company confirms proper use of proceeds as per the stated objects, with phased deployment underway as disclosed. This is a routine compliance filing with no cause for concern.