Alpha Tribe

TIL LimitedOthers, 28-03-2025: Shareholders meeting

28-03-2025 · 05:36 pm

TIL Limited held an Extraordinary General Meeting via video conference, with 85 shareholders in attendance. The meeting's key resolutions included increasing the Authorized Share Capital from ₹70 crore to ₹80 crore by creating an additional 1 crore equity shares, and approving the capital raising of up to ₹150 crore through Qualified Institutions Placement (QIP). This strategic move aims to bolster financial flexibility and support growth initiatives. Investors may view this positively, as it signifies the company's proactive approach to capital management and expansion potential. Voting results will be shared by March 29, 2025.

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