TIL Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/02/2026 ,inter alia, to consider and approve attached
TIL · price
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TIL Ltd has informed the stock exchanges that its Board of Directors will meet on Monday, 23 February 2026. The main item on the agenda is to consider and evaluate a proposal for raising funds from the market. The company is looking at multiple options, including a rights issue, preferential allotment, Qualified Institutional Placement (QIP), or any other permissible mode — alone or in combination. Funds may be raised through equity shares, equity-linked securities, warrants, or other eligible securities. Any decision taken will depend on receiving the necessary regulatory and statutory approvals under SEBI and Companies Act rules. The company has not yet announced the size of the fundraising or which specific route it will take.
If the Board approves a fundraising plan, existing shareholders may see dilution of their holdings depending on the route chosen — a rights issue would give them first right to subscribe, while QIP or preferential allotment could dilute existing equity without offering participation. Short-term stock price may react based on the size and terms finally announced.