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Awaiting price reaction for this filing.
Titan Intech Limited has published newspaper advertisements for its proposed Rights Issue, as required under SEBI ICDR Regulations. The company is offering up to 4,91,40,865 fully paid-up equity shares at Rs. 1 per share (at par), aggregating up to Rs. 49.14 Crores. The issue will be on a rights basis to eligible shareholders as on the record date of October 31, 2025. The issue opens on November 10, 2025, and closes on November 19, 2025, with November 14 being the last date for on-market renunciation. The advertisements were published in Business Standard (English and Hindi) and Sakshyam (Telugu) on November 5, 2025.
Existing shareholders will get the opportunity to buy additional shares at Rs. 1 each in proportion to their holdings. The total raise of Rs. 49.14 Crores could lead to equity dilution for shareholders who do not subscribe to their entitlement.