Titagarh Rail Systems Ltd. to Invest Rs. 5 Crores in Rights Issue of Wholly Owned Subsidiary TNSPL

Titagarh Rail Systems Ltd. announced the outcome of its Board Meeting held on 5th September 2025. The Board approved an investment of Rs. 5 Crores to acquire further equity in TNSPL through a Rights Issue. This investment will not cause any change in the Company's shareholding percentage in TNSPL, which will continue to be a Wholly Owned Subsidiary. The purpose of the investment is to meet TNSPL's infrastructure requirements for its Shipbuilding business. The acquisition is expected to be completed by 10th September 2025.