StockWatch
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Construction Vehicles
Rights Issue9 Jul 2026, 12:59 pm

TIL Ltd Approves Allotment of Fully Paid Shares Post Rights Issue

AI Summary

TIL Ltd announced that its Rights Issue Committee has approved the allotment of fully paid-up shares to eligible shareholders who have paid the first and final call money. The call money period closed on July 3, 2026, for shares allotted on a rights basis on April 9, 2026. The company will also send reminders to shareholders who have not yet paid the call money, which will be accepted via Non-ASBA mode only. Further details on the reminder period will be communicated to the stock exchange in due course.

Key Highlights

  • Allotment of fully paid shares approved post rights issue.
  • Reminder to be sent to pending shareholders for call money payment.
  • Call money accepted via Non-ASBA mode only.
  • Rights issue period closed on July 3, 2026.