TIL Limited has approved a rights issue to raise ₹200 crore, following its board meeting on Monday, March 16. As per a filing with the stock exchange, the company will issue partly paid-up equity shares with a face value of ₹10 each. The company set March 23 as the record date for the rights issue
| Parameter | Details |
| Instrument | Partly paid-up Equity Shares (Face value: ₹10 each) |
| Payment on Application | 75% of the issue price per equity share payable at application |
| Total Shares | 1,20,91,760 partly paid-up equity shares |
| Issue Size | ₹199,51,40,400 |
| Rights Issue Price | ₹165 per fully paid-up equity share |
| Record Date | Monday, March 23, 2026 |
| Rights Entitlement Ratio | 11 rights equity shares for every 64 equity shares held |
TIL Limited delivered a solid performance in Q3 FY2026, reflecting strong operational momentum and continued execution of its strategic priorities. During the quarter, the company introduced three innovative indigenous products and secured significant orders worth over ₹200 crore across the defence and logistics segments. These developments supported healthy revenue growth and reinforced TIL’s progress toward sustained operational improvement.
While performance moderated compared to Q3 FY2025, the results highlight the company’s resilience and improving sequential trend. EBITDA rose by 15% quarter-on-quarter to ₹376 lakh, up from ₹327 lakh in Q2 FY2026. This was accompanied by a margin expansion to 5% from 4% in the previous quarter, indicating early signs of recovery and a strengthening profitability trajectory.
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Published on: Mar 20, 2026, 2:05 PM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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