Description
Titan Intech Limited lists 48,78,22,972 equity shares of Rs. 1/- each issued on rights basis, effective November 24, 2025.
Summary
Titan Intech Limited (Scrip Code: 521005) has listed 48,78,22,972 new equity shares of Rs. 1/- each issued at par on a rights basis. The shares are permitted to trade on BSE with effect from Monday, November 24, 2025. These newly issued shares rank pari-passu with the existing equity shares of the company.
Key Points
- Total shares issued: 48,78,22,972 equity shares
- Face value: Rs. 1/- per share
- Issue type: Rights issue at par
- ISIN: INE807M01031
- Distinctive Numbers: 335603911 to 823426882
- Date of Allotment: November 20, 2025
- Trading commencement: November 24, 2025
- Ranking: Pari-passu with existing equity shares
Regulatory Changes
No regulatory changes. This is a standard listing notification for newly issued securities.
Compliance Requirements
- Trading members are informed to update their systems to reflect the new securities
- The new shares are eligible for trading from the specified date
- Standard trading rules and regulations apply to these securities
Important Dates
- Allotment Date: November 20, 2025
- Trading Commencement: November 24, 2025 (Monday)
- Notice Date: November 21, 2025
Impact Assessment
This rights issue represents a significant capital raise for Titan Intech Limited. The issuance of approximately 487.8 million shares at par value will substantially increase the company’s equity base. The market impact will depend on the pre-issue shareholding pattern and the acceptance ratio of the rights issue. Trading members should be prepared for potential volatility and increased trading volumes when these shares commence trading on November 24, 2025.
Impact Justification
Standard rights issue listing for existing company. Significant number of shares but routine corporate action with moderate market impact.