TIL Ltd Clarifies Share Price Movement; Mentions Rights Issue and Subsidiary Acquisition

TIL Ltd has responded to stock exchange queries regarding significant share price movements. The company stated that two key events have occurred: the ongoing receipt of final call money for a Rights Equity Share issuance in April 2026, and the acquisition of a 60% stake in Tulip Compression Private Limited (TCPL), making it a material subsidiary. TIL Ltd asserts that all necessary disclosures have been made and that any trading volume or price fluctuations are purely market-driven and based on company performance, with no unusual effects from its operations. The company confirmed strict adherence to listing norms.