TILNSETIL Limited· EngineeringMediumNeutral
Announced Thu, 28 May · 17:31 IST

TIL Limited has informed the Exchange about Record date on calls on securities

Corporate Actions View source PDF

TIL · price

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Price reaction · full curve 14 horizons · vs prior close
-6.6%1-day move
₹198.00
prior close
₹196.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.8-4.1-3.9-3.9-6.6-11.6-9.3-10.4-11.6-11.0+16.8+6.3
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AI summary

TIL Limited's Board has approved a First & Final Call Money of Rs. 41.25 per share on 1,20,91,760 partly paid-up equity shares. These shares were issued via a Rights Issue in April 2026 at Rs. 165 per share (face value Rs. 10), and this call represents the remaining 25% of the issue price. The company has fixed Wednesday, 3 June 2026 as the record date to determine eligible shareholders from whom the call money will be collected. Trading in the partly paid-up equity shares will be suspended from 3 June 2026. The Call Notice will be circulated to shareholders in due course.

Likely market impact

Shareholders holding partly paid-up TIL Limited shares must pay the Rs. 41.25 call money by the deadline to avoid forfeiture. Failure to pay may result in loss of shares. This is a cash requirement for existing shareholders and does not directly impact stock price but relates to capital conversion from partly paid to fully paid shares.