Scrip Code / Symbol: BSE: 505196 / NSE: TIL
Nature and Purpose of the Meeting
This document is an intimation regarding the outcome of a meeting of the Rights Issue Committee of the Board of Directors of TIL Limited. The purpose of the meeting was to approve the allotment of fully paid-up shares from a recent rights issue and to decide on a course of action for shareholders who had not yet paid their call money.
Details of Resolutions Passed
- The Committee approved the allotment of fully paid-up shares to the eligible shareholders who had paid the first and final call money. The partly paid-up shares had been originally allotted on a rights basis on 9th April, 2026.
- The Committee approved the action of sending reminders to the pending shareholders who had not paid the first and final call money. It was specified that any subsequent payment of this call money would be accepted through the Non-ASBA mode only.
Financial Impact
The document confirms the receipt of the first and final call money from eligible shareholders after the reconciliation of funds. The total capital raised is not quantified in this specific communication.
Timing of the Meeting
The Rights Issue Committee meeting was held on 9th July, 2026. The meeting was concluded at 12:45 pm.
Compliance References
The announcement is a regulatory filing submitted to the National Stock Exchange of India Ltd. (NSE) and BSE Ltd. It serves as an intimation under the Listing Obligations and Disclosure Requirements (LODR) regulations. The call money period for the issue had closed on 3rd July, 2026.
Any Other Material Disclosure
The document states that the period for the reminder for payment of the call money will be intimated to the stock exchanges in due course.