TIL Limited's committee has approved the allotment of 1.21 crore partly paid-up Equity Shares under its Rights Issue.

Eligible shareholders and renouncees received these shares, paying ₹123.75 per share on application, which includes a premium of ₹116.25. The balance amount is payable on future calls.

Following this allotment, the company's updated capital structure includes 7.03 crore fully paid-up equity shares (valued at ₹70.35 crore) and 1.21 crore partly paid-up shares (valued at ₹9.07 crore). This move finalizes a key step in the company's capital raise.