TILNSETIL Limited· EngineeringHighNeutral
Announced Tue, 23 Jun · 13:17 IST

TIL Limited clarifies price movement; cites TCPL acquisition and rights issue

Listed Co AcquisitionStrategic Transactions View source PDF

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
-4.8%1-day move
₹231.00
prior close
₹216.24
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.3+0.2-0.6-4.8-10.4-8.9-11.7-13.0-11.0-6.9-11.0
Up moveDown movePending
AI summary

NSE asked TIL Limited about significant share price movement. The company clarified two events: a rights issue from April 2026 for which final call money is currently being received, and the acquisition of 60 percent equity in Tulip Compression Private Limited from Gainwell Commosales, making TCPL a material subsidiary. TIL stated there are no other undisclosed material events and that the price movement is purely market-driven.

Likely market impact

Confirms acquisition of material subsidiary; no undisclosed events; price movement deemed market-driven.