TILNSETIL Limited· EngineeringMinimalNeutral
Announced Thu, 30 Apr · 16:39 IST

TIL Limited confirms no deviation in use of Rs. 60 Crore raised funds

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 confirmed no deviation in the use of Rs. 60 Crores raised via conversion of 37,50,000 equity warrants (allotted 28 Jan 2026) for the quarter ended 31 March 2026. Funds were allocated for capital expenditure (Rs. 3,600 lakhs), working capital (Rs. 1,200 lakhs), and general corporate purposes (Rs. 1,200 lakhs), all utilised per stated objects. No monitoring agency was applicable, and auditors raised no concerns.

Likely market impact

Neutral. Confirms proper use of funds; no governance red flags. No material impact on share price expected.