Description

BSE announces listing of 1,20,91,760 partly paid-up equity shares of TIL Ltd (Scrip Code: 890237) under Group B, effective April 16, 2026, issued on rights basis at Rs. 165/- per share.

Summary

BSE has announced the listing and trading permission for 1,20,91,760 partly paid-up equity shares of TIL Ltd issued on a rights basis. The shares will be listed under Group B of securities effective Thursday, April 16, 2026, with Scrip Code 890237 and Scrip ID TILPP on the BOLT system.

Key Points

  • 1,20,91,760 equity shares of Rs. 10/- each, partly paid-up at Rs. 7.50/-, issued on rights basis
  • Scrip Code: 890237 | Scrip ID (BOLT): TILPP | Group: B | Market Lot: 1
  • ISIN: IN9806C01016
  • Issue Price: Rs. 165/- per share (Rs. 123.75/- paid on application; Rs. 41.25/- payable on subsequent calls)
  • Date of Allotment: 09/04/2026
  • Distinctive Numbers: 1 to 1,20,91,760
  • Dividend entitlement is proportionate to the amount paid-up
  • Temporary ISIN IN8806C01025 is suspended per SEBI Circulars CIR/MRD/DP/21/2012 and CIR/MRD/DP/24/2012

Regulatory Changes

No new regulatory changes introduced. The listing is in compliance with SEBI Circular No. CIR/MRD/DP/21/2012 (dated August 02, 2012) and CIR/MRD/DP/24/2012 (dated September 11, 2012) regarding activation of ISIN for additional issue of shares/securities. The temporary ISIN has been suspended accordingly.

Compliance Requirements

  • Trading members must note the suspension of temporary ISIN IN8806C01025 and use the new ISIN IN9806C01016 for all transactions from the listing date.
  • Members should update their systems to reflect the new scrip details (Scrip Code: 890237, Scrip ID: TILPP) before April 16, 2026.
  • Dividend entitlement should be calculated proportionate to the paid-up amount (Rs. 7.50/- out of Rs. 10/-).

Important Dates

  • Date of Allotment: April 09, 2026
  • Listing and Trading Effective Date: April 16, 2026 (Thursday)
  • Subsequent Call Payments: To be determined by the Board at its sole discretion from time to time

Impact Assessment

This listing enables existing TIL Ltd rights issue subscribers to trade their partly paid-up shares on BSE from April 16, 2026. The addition to Group B provides standard trading access. The remaining call amount of Rs. 41.25/- per share introduces future liability for holders, which may influence trading prices and demand. The suspension of the temporary ISIN is a routine housekeeping measure and does not affect the underlying securities. Overall market impact is moderate, limited to TIL Ltd shareholders and traders tracking the rights issue.

Impact Justification

Routine rights issue listing for TIL Ltd; impacts existing shareholders and traders interested in partly paid-up shares. Temporary ISIN suspension adds a compliance note for trading members.