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TIL Limited is engaged in the manufacturing and marketing of a comprehensive range of material handling, lifting, port and road construction solutions with integrated customer support and after sales service.
TIL Limited has informed the Exchange about General Updates on 2nd Reminder for payment of Call Money
TIL is collecting the First & Final Call money on partly paid rights shares, sending reminders to outstanding shareholders. This step is crucial for the subsequent listing and trading of these shares.
TIL reported FY26 operational income of ₹323.25 Cr, driven by 4% machine sales growth. They acquired Tulip Compression, entering clean energy, and secured a ₹274 Cr order book. This signals a strategic pivot into defence, infrastructure, and clean energy engineering.
TIL has approved the first and final call of Rs. 41.25 per share on 1,20,91,760 partly paid equity shares. This completes the remaining 25% of the Rs. 165 rights issue price. A record date is set for shareholders, and trading in these partly paid shares will be suspended.
TIL Limited has announced a Rights Issue of up to 1.21 Cr partly paid shares at ₹165/share, aiming to raise ₹199.51 Cr. Net proceeds will primarily repay ₹148 Cr debt and fund corporate needs. Despite past losses & regulatory issues, new management achieved positive FY25 financials and secured a ₹227.22...