TIL Limited has informed the Exchange about Rescheduling/Postponment of Rights Issue Committee Meeting
TIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
TIL Limited has informed the stock exchanges that its Rights Issue Committee meeting has been postponed once again, and is now expected to be held on March 16 or 17, 2026. This is the sixth postponement in quick succession, following previous intimations on March 5, 7, 8, 9, and 11, 2026. The delay is attributed to the pending In-principle approval from the stock exchanges. Once held, the committee will finalise key terms of the proposed rights issue, including the record date, issue price, and entitlement ratio.
Repeated postponements suggest the rights issue is stuck awaiting regulatory clearance, which may keep shareholders in limbo and add short-term uncertainty around the stock. No new terms have been announced yet, so the fundamentals of the issue remain unchanged for now.