TIL Limited Approves Fully Paid Share Allotment Post Rights Issue Closure; Reminders Issued to Pending Shareholders
TIL Limited has approved the allotment of fully paid up shares to eligible shareholders following the closure of the call money period pertaining to a rights issue that was launched on April 9, 2026.The company confirmed that upon the close of the call money period on July 3, 2026, TIL Limited received the first and final call money from all eligible shareholders. Following reconciliation of these funds, the Rights Issue Committee of the Board of Directors, at a meeting held on July 9, 2026, approved the allotment of fully paid up shares to the designated investors.
In addition to finalizing the allotment for eligible parties, the Committee also sanctioned sending reminders to those shareholders who have not yet paid the first and final call money. The company specified that payments required through these reminders would be accepted through Non-ASBA mode only. The period allotted for this reminder payment will be announced in due course.
TIL Stock Price Movement
As of 1:25 PM, shares of TIL Limited are rallying strongly in live trading, currently at ₹221.2 after gaining 4.75% during the session. The stock is seeing robust activity, with a significant volume of 198,791 shares traded so far.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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