Titan Intech Ltd — Important, 27-10-2025: Company Update
27-10-2025 | 05:58 pm
27-10-2025 | 05:58 pm
Titan Intech, a display technology and smart communication systems firm, has announced a rights issue to raise up to ₹49.14 Cr. Eligible shareholders are offered 3 new shares for every 2 held, priced at ₹1 per share. The company plans to use ₹36.41 Cr for working capital and ₹8.54 Cr for general corporate purposes. While annual profit for the latest financial year (FY25) declined, recent quarterly results (Q1 FY26) show improved revenue and profit. This capital raise aims to bolster growth in the expanding Electronics System Design and Manufacturing (ESDM) sector.
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