Description

TITAN INTECH LIMITED announces rights issue offering 3 equity shares at Re.1/- each for every 2 shares held, with record date on October 31, 2025.

Summary

TITAN INTECH LIMITED (BSE Code: 521005) has announced a rights issue offering 3 equity shares of Re.1/- each at par for every 2 equity shares held. The record date is set for October 31, 2025, and shares will trade on ex-rights basis from the same date. The entire issue price of Re.1/- per share is payable on application.

Key Points

  • Company: TITAN INTECH LIMITED (Code: 521005)
  • Rights ratio: 3 new shares for every 2 existing shares held
  • Issue price: Re.1/- per share at par
  • Payment terms: Full amount payable on application
  • Security type: Dematerialised securities in rolling settlement segment
  • Settlement number: DR-747/2025-2026

Regulatory Changes

No regulatory changes announced. This is a standard corporate action notification.

Compliance Requirements

  • Trading members must ensure transactions in TITAN INTECH LIMITED equity shares are conducted on ex-rights basis from October 31, 2025
  • Investors wishing to participate in the rights issue must hold shares as of the record date
  • Full payment of Re.1/- per share must be submitted with application

Important Dates

  • Record Date: October 31, 2025
  • Ex-Rights Date: October 31, 2025
  • Notice Date: October 28, 2025

Impact Assessment

Shareholder Impact: Existing shareholders have the opportunity to acquire additional shares at par value. The 3:2 rights ratio represents significant dilution for non-participating shareholders.

Market Impact: The stock will trade ex-rights from October 31, 2025, which typically results in price adjustment to reflect the rights entitlement. Shareholders must decide whether to subscribe, sell rights, or allow them to lapse.

Trading Impact: All market participants must ensure proper handling of ex-rights trading from the specified date to maintain orderly market operations.

Impact Justification

Standard rights issue announcement affecting existing shareholders of TITAN INTECH LIMITED with moderate dilution ratio (3:2). Requires shareholder action for participation.