intimation of In-Principle approval
Price
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Awaiting price reaction for this filing.
Titan Intech Ltd has received in-principle approval from BSE Limited on October 15, 2025, for its proposed Rights Issue of fully paid-up equity shares. The approval was issued under SEBI (LODR) Regulations, 2015, with reference number LOD/RIGHT/MV/FIP/1045/2025-26, based on the company's application dated September 18, 2025. The company now needs to fix a record date and disclose the rights issue price at least three working days before that date. Key commercial details such as the issue size, price, ratio, and timeline are not mentioned in this filing.
This is a procedural milestone that takes the rights issue one step closer to launch, but investors have no clarity yet on issue price, ratio, or size. Existing shareholders should watch for the record date announcement to decide whether to participate, renounce, or let rights lapse.