TIL LTD.

TIL Ltd has announced the postponement of its Rights Issue Committee Board Meeting, originally scheduled for October 3, 2026. The company cited unavoidable circumstances for the delay. A revised date for the meeting will be communicated to the stock exchanges in due course. This meeting was intended to discuss matters related to a Rights Issue.

TIL Limited has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The trading window will be shut from October 1, 2026, until 48 hours after the declaration of the Unaudited Financial Results for the second quarter and six months ended September 30, 2026. All designated persons and their immediate relatives are informed to abstain from trading during this period. The exact date for the announcement of the financial results will be communicated later.

TIL Ltd. has announced that a meeting of its Rights Issue Committee of the Board of Directors is scheduled for October 3, 2026. The primary agenda is to consider and approve the forfeiture of partly paid-up equity shares. These shares were issued as part of a Rights Issue (Letter of Offer dated March 20, 2026) of up to 1,20,91,760 shares at an issue price of ₹165 each. The forfeiture pertains to shares where the first and final call money of ₹41.25 per Rights Equity Share remains unpaid, despite multiple reminder notices. This action will be taken in accordance with the Companies Act, 2013, the Company's Articles of Association, and the original Letter of Offer.

TIL Ltd has sent a second reminder letter to shareholders who have not yet paid the call money on their partly paid-up equity shares issued on a rights basis. The reminder letter was dispatched on August 19, 2026. Shareholders have a window to pay the call money from August 21, 2026, to September 4, 2026. Payments will only be accepted via the Non-ASBA mode. Following the closure of the payment period on September 4, 2026, the company plans to apply for the further listing and trading of these shares.

TIL Limited has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, prepared by CARE Ratings Limited. The report confirms that the utilization of proceeds from the Rights Issue of equity shares, aggregating to Rs. 199.51 crore, is in line with the objects stated in the offer document. The company raised Rs. 149.64 crore through application money and utilized Rs. 37.50 crore for General Corporate Purposes, Rs. 2.68 crore for Issue Expenses, and Rs. 109.46 crore for repayment/pre-payment of outstanding borrowings, including interest. CARE Ratings has declared no deviation from the objects and has provided a nil range of deviation. The report is based on information provided by the issuer and sources believed to be accurate, and CARE Ratings clarifies it does not perform audits or independent verification.

TIL Limited's Board of Directors, in a meeting held on August 13, 2026, approved the unaudited financial results for the first quarter ended June 30, 2026, both standalone and consolidated. The company also announced a change in its Registrar & Share Transfer Agent (RTA), appointing M/s MCS Share Transfer Agent to replace M/s CB Management Services (P) Ltd. The limited review report from statutory auditors V. Singhi & Associates was also submitted. The board meeting commenced at 12:30 p.m. and concluded at 4:30 p.m. No outstanding defaults on loans or debt securities were reported.

TIL Ltd has announced that its Board of Directors will convene on August 13, 2026. The primary agenda for this meeting is to consider and approve the Unaudited Financial Results for the first quarter ended June 30, 2026. The results will be presented on both a standalone and consolidated basis, adhering to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Manju Mazumder and associated entities have disclosed the sale of 30,10,523 shares, representing 3.65% of the total share capital of TIL Limited. The disposal occurred in the open market on July 29, 2026. Following the sale, the holding of Manju Mazumder and PACs has reduced to 26,36,275 shares, or 3.20% of the company's equity. The disclosure was made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Manju Mazumder, along with several associated entities including Supriya Leasing Limited and Arihant Merchants Private Limited, has disclosed the sale of 26,36,275 shares in TIL Limited. This transaction represents a 3.20% stake in the company, executed through open market sales on July 29, 2026. The total share capital of TIL Limited before and after the sale remains 8,24,43,816 shares. This disclosure is made in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

TIL Ltd announced the appointment of M/s. V. Singhi & Associates, Chartered Accountants, as its new Statutory Auditors for a term of five consecutive years commencing from the Financial Year 2026-27. This appointment was made by the shareholders at the Annual General Meeting (AGM) held on July 29, 2026. The firm, with nearly 50 years of experience and offices in 7 major Indian cities, is empanelled by regulatory bodies like SEBI and RBI and serves numerous listed companies across various sectors. This change follows the conclusion of the term for the erstwhile auditors, M/s. Singhi & Co.