TIL Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting

TIL Limited has announced a board meeting on August 12, 2025. The board approved the financial results for the quarter ended June 30, 2025. The company reported revenue of ₹62.91 Cr, with a net loss of ₹6.22 Cr. Notably, other income included ₹7.51 Cr from liabilities written back, significantly impacting the reported loss.

In a strategic move, TIL allotted 37.5 lakh warrants at ₹160 each, raising ₹15 Cr initially. This could bring in an additional ₹45 Cr within 18 months, boosting future capital. The board also appointed Mr. Pinaki Niyogy, Chief Technology Officer & Chief Operating Officer, as Key Managerial Personnel, recognizing his three decades of service.