Rights Issue16 Mar 2026, 11:22 pm
TIL Ltd Announces Rights Issue of Equity Shares Worth INR 199,51,40,400
AI Summary
TIL Ltd has fixed the record date for its rights issue on 23rd March, 2026. The company will issue 1,20,91,760 partly paid-up Equity Shares for an amount aggregating up to INR 199,51,40,400. The rights issue price is INR 165 per fully paid-up Equity Share. Eligible Equity Shareholders will receive 11 Rights Equity Shares for every 64 Equity Shares held as on the record date. The company has received in-principle approvals from the National Stock Exchange of India Limited and BSE Limited.
Key Highlights
- TIL Ltd announces a rights issue of equity shares worth INR 199,51,40,400
- 1,20,91,760 partly paid-up Equity Shares to be issued
- Rights Issue Price set at INR 165 per fully paid-up Equity Share
- Record date fixed for determining eligible Equity Shareholders
- In-principle approvals received from NSE and BSE