TIL Limited — Others, 28-03-2025: Shareholders meeting

TIL Limited has announced a board meeting to review the results of its Extraordinary General Meeting (EGM). All resolutions, including the increase of authorized share capital from ₹70 Crores to ₹80 Crores and approval for raising up to ₹150 Crores via Qualified Institutional Placement (QIP), were approved by shareholders with a substantial majority. The approval indicates a strong shareholder backing for the company’s growth strategy. This development suggests a positive outlook, potentially fostering investor confidence as TIL positions itself for expansion through capital-raising initiatives.