Significant movement in price has been observed in TIL Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. TIL Limited has submitted their response.
TIL · price
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Awaiting price reaction for this filing.
NSE wrote to TIL Limited on 19th May 2025 seeking clarification on an unusual rise in the company's share price and trading volume. The company replied that all required disclosures under SEBI's Listing Regulations have been made on time. TIL stated that the price and volume spurt is purely market-driven and that the company and its officials have no connection to the share price movement. The company also confirmed that it has been strictly following all listing norms, including insider trading rules.
This is a routine exchange query with no negative implication for shareholders — the company has denied any insider trading or undisclosed event. Investors should watch for any follow-up from NSE/SEBI; if no further action is taken, the price move is likely speculative and may not be fundamentally driven.