TIL informs about raising of funds
TIL has informed that in continuation to the earlier announcement dated February 23, February 25 and March 16, 2026, wherein the Company has proposed a Rights Issue of up to 120,91,760 partly paid-up Equity Shares of face value of Rs 10 each of the Company at an issue price of R 165 per Rights Equity Shares aggregating up to Rs 19,951.40 lakhs on rights basis to the eligible shareholders of the Company in the ratio of 11 Rights Equity Share for every 64 Fully Paid-up Equity Shares held by the Eligible Equity shareholders as on the record date, Monday, March 23, 2026. Further, the Rights Issue Committee of Board of Directors of the Company has approved the Final Letter of Offer on Friday, March 20, 2026.
The above information is a part of company’s filings submitted to BSE.
