Titan Intech Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/10/2025 ,inter alia, to consider and approve Rights issue
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Titan Intech Ltd has called a Board meeting on October 27, 2025 to finalise the terms of its proposed Rights Issue to eligible shareholders. The Board will decide key items including the issue price, record date, rights entitlement ratio, and approve the Letter of Offer and related documents. This follows the Board's earlier approval of the Rights Issue on September 9, 2025 and BSE's in-principle approval received on October 15, 2025. The trading window for promoters, directors, KMPs and designated persons is closed from October 18, 2025 until 48 hours after the board meeting outcome is shared with the exchange. Shareholders should wait for the board meeting outcome to know the final issue price, ratio and record date.
Existing shareholders will get a chance to subscribe to additional shares in proportion to their holding, but the issue will lead to equity dilution. Attractiveness will depend on the issue price and entitlement ratio announced post the October 27 meeting.