TIL Limited has informed the Exchange regarding Outcome of Rights Issue Committee Meeting held on April 09, 2026.
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TIL Limited's Rights Issue Committee has approved the allotment of 1,20,91,760 partly paid-up equity shares on rights basis to eligible shareholders. Each share has a face value of ₹10, with ₹123.75 paid on application (including ₹116.25 premium). The balance amount will be payable on future calls as per the Letter of Offer dated March 20, 2026. Post-allotment, the company's fully paid-up equity capital stands at 7,03,52,056 shares (₹70.35 crore) and partly paid-up capital at 1,20,91,760 shares (₹9.07 crore).
The rights issue increases the company's equity base and provides capital infusion. Existing shareholders who participated received additional shares at the offered price.