BSETitan Intech LtdMinimalNeutral
Announced Sat, 22 Nov · 12:18 IST

Rights issue

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Titan Intech Ltd has announced the completion of its rights issue, with the Board approving the allotment of 48.78 crore fully paid-up equity shares to eligible shareholders and renouncees at an issue price of Rs. 1.00 per share (face value also Rs. 1.00), meaning the shares were issued at par. The Board meeting for this approval was held on November 20, 2025, and the newspaper advertisement disclosing the basis of allotment was published on November 22, 2025 in Business Standard (English and Hindi, All Editions) and Sakshyam Telugu daily (Vijayawada edition). This filing is being made to BSE in compliance with Regulation 92(1) of SEBI's ICDR Regulations, 2018.

Likely market impact

This represents a very large equity expansion for the company since 48.78 crore new shares are being allotted at par value, causing significant dilution for existing shareholders. Existing investors should verify their allotment entitlements and check their demat accounts for the credited shares.