TIL Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/03/2026 ,inter alia, to consider and approve letter attached
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TIL Ltd has informed BSE that its Rights Issue Committee will meet on March 5, 2026 to finalise key details of the upcoming Rights Issue of equity shares. This follows the Board's earlier approval on February 23, 2026, for a Rights Issue of up to Rs. 200 Crores. The committee will decide the record date, issue price, and entitlement ratio for existing shareholders. The issue remains subject to necessary approvals from stock exchanges and other regulatory authorities.
Existing shareholders should watch for the record date announcement, as only those holding shares on that date will be eligible to subscribe to the Rights Issue. The Rs. 200 Crore capital raise could lead to dilution but may also strengthen the company's balance sheet for growth or other strategic purposes.