Rights Issue16 Mar 2026, 11:11 pm
TIL Ltd Announces Rights Issue of Equity Shares
AI Summary
TIL Ltd, in a meeting held on 16th March, 2026, has approved the proposed issue of equity shares on a rights basis. The rights issue will consist of 1,20,91,760 partly paid-up Equity Shares, amounting to approximately 199,51,40,400/-. The rights entitlement ratio is 11:64, and the record date is fixed as Monday, 234 March, 2026. The company is awaiting final approvals and will re-convene to finalise the Letter of Offer.
Key Highlights
- TIL Ltd approves rights issue of equity shares
- 1,20,91,760 partly paid-up Equity Shares to be issued
- Approximately 199,51,40,400/- to be raised
- Rights entitlement ratio set at 11:64
- Record date fixed as Monday, 234 March, 2026