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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Titan Intech's board has approved a rights issue of up to 49.14 crore equity shares at ₹1.00 per share (face value ₹1.00, issued at par), raising up to ₹49.14 Crores from existing shareholders. The ratio is 3 rights shares for every 2 shares held (3:2). The record date is fixed for Friday, October 31, 2025, and the issue will open on November 10, 2025 and close on November 19, 2025. Existing shares will grow from about 32.76 crore to 81.90 crore if fully subscribed, more than doubling the share count. Rights entitlements will be credited to demat accounts under ISIN INE807M20015, and shareholders who do not wish to subscribe can renounce (sell) their entitlements on or off the market until the issue closes.
Eligible shareholders must decide by the record date whether to subscribe to the rights shares or sell their entitlements during the November 10–19 window. Full subscription will more than double the share count and dilute existing holdings for non-participants; partial participation may put pressure on the stock price around the record date and issue period.