TIL Limited — Others, 18-04-2025: Disclosure under SEBI Takeover Regulations

TIL Limited has disclosed that Indocrest Defence Solutions Pvt Ltd holds approximately 4.56 crore equity shares as a promoter, confirming no encumbrances on these shares during the financial year ending March 31, 2025. The shares are currently under lock-in as specified by SEBI regulations. This update highlights the stability of promoter holdings, potentially reinforcing investor confidence. The lack of encumbrance might be viewed positively, suggesting a solid commitment from promoters, which could enhance perceptions of governance and management integrity within the company.