TIL Limited — Others, 07-03-2025: Shareholders meeting

TIL Limited has announced a board meeting to increase its authorized share capital from ₹70 Cr to ₹80 Cr by creating an additional 1 Crore equity shares of ₹10 each. This move aims to support business growth by enabling capital infusion. Additionally, the company seeks approval for a Qualified Institutions Placement (QIP) to raise up to ₹150 Cr through issuance of equity-linked securities to qualified institutional buyers. This capital will fund expansion efforts and working capital needs. The proposed increases may signal a positive outlook for the company's growth strategy, attracting investors seeking potential returns.