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TIL informs about outcome of right issue committee meeting

21 Mar 2026 Evaluate
TIL has informed that pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in furtherance to intimations dated 16th March, 2026, as well as the in-principle approval received from the Stock Exchanges, viz., the National Stock Exchange of India (NSE) and BSE vide Letters Ref. No: NSE/LIST/53745 dated 16th March, 2026 and Ref No: LOD/RIGHT/SS/FIP/1885/2025-2026 dated 16th March, 2026 respectively, The Right Issue Committee of the Company, at its meeting held today, Friday, March 20, 2026 (which commenced at 10 pm and concluded at 10.25 pm), has considered and approved the following terms of the Rights Issue: a) Rights Issue Opening Date: Monday, March 30, 2026; b) Last Date for On Market Renunciation of Rights Entitlements: Wednesday, April 1, 2026; c) Date Of Closure of Off-Market Transfer of Rights Entitlements: Tuesday, April 7, 2026; d) Rights Issue Closing Date: Wednesday, April 8, 2026. All other terms and conditions of the Issue are detailed in the Letter of Offer. The Right entitlement of the eligible Equity Shareholders as on the Record Date, shall be credited prior to the Issue opening date, in the respective demat account of the eligible Equity shareholders under the new ISIN INE806C20026. Details as required under Regulation 30 of the Listing Regulations read with SEBI circular SEBI/ O/CFD/PoD2/CIR/P/0155 dated November 11, 2024 is annexed as Annexure A. A copy of this intimation is also being made available on the website of the Company at www.tilindia.in.

The above information is a part of company’s filings submitted to BSE.

TIL Share Price

203.65 6.80 (3.45%)
04-May-2026 16:59 View Price Chart
Peers
Company Name CMP
BEML 1836.45
Action Const. Equip 888.85
Sanghvi Movers 321.45
TIL 203.65
Brady & Morris Engg 909.65
View more..

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