TIL Board Approves ₹200 Crore Rights Issue Amidst 3% Stock Drop

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TIL Board Approves ₹200 Crore Rights Issue; Stock Dips 3%

TIL share price, TIL stock, TIL shares, TIL, TIL rights issue, TIL board approves fund raise via rights issue, TIL rights issue fund raise, TIL fund raise, rights issue, TIL rights issue record date,

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CNBC TV18•23-02-2026, 13:11

TIL Board Approves ₹200 Crore Rights Issue; Stock Dips 3%

•TIL Ltd. board approved raising up to ₹200 crore through a rights issue of equity shares.
•The stock declined nearly 3% on Monday, February 23, following the announcement.
•Terms of the rights issue, including record date and entitlement ratio, will be disclosed later.
•A Rights Issue Committee has been formed to oversee further matters regarding the issue.
•TIL also approved signing a share purchase agreement for 60% acquisition of Tulip Compression Pvt. Ltd. from GCPL.

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