Description
NSE notifies listing of 1,20,91,760 partly paid equity shares (Rs. 7.50 paid-up) of TIL Limited allotted under Rights Issue, effective April 16, 2026 with trading symbol TILPP.
Summary
NSE has notified the listing of partly paid equity shares of TIL Limited allotted under its Rights Issue. A total of 1,20,91,760 partly paid equity shares (Rs. 7.50 paid-up out of Rs. 10 face value) will be admitted to dealings on the NSE Capital Market segment effective April 16, 2026, under the trading symbol TILPP in Series E1.
Key Points
- Trading symbol: TILPP (Series E1) on NSE Capital Market segment
- ISIN: IN9806C01016
- Total shares listed: 1,20,91,760
- Face value: Rs. 10 per share; Paid-up value: Rs. 7.50 per share
- Issue price: Rs. 165 per share (Rs. 123.75 paid on application)
- Date of allotment: April 9, 2026
- Market lot size: 1 share
- Pari Passu: Yes
- Lock-in: Not Applicable
- Distinctive number range: 1 to 1,20,91,760
Regulatory Changes
No new regulatory changes. Listing is in pursuance of:
- Regulation 3.1.1 of NSE (Capital Market) Trading Regulations Part A — admission of securities to dealings
- Regulation 2.5.5 of NSE (Capital Market) Trading Regulations Part A — lot size specification
ISIN activation follows SEBI circulars CIR/MRD/DP/21/2012 (August 2, 2012) and CIR/MRD/DP/24/2012 (September 11, 2012) for dematerialized partly paid shares via temporary ISIN (IN8*) pending final activation.
Compliance Requirements
- Members must use the designated symbol TILPP and ISIN IN9806C01016 for trading
- Trading must be conducted in the specified lot size of 1 share
- Securities are currently credited under temporary ISIN (IN8*) in demat accounts as per SEBI guidelines; final ISIN activation to follow
Important Dates
| Event | Date |
|---|---|
| Circular Date | April 13, 2026 |
| Date of Allotment | April 9, 2026 |
| Effective / Trading Commencement Date | April 16, 2026 |
Impact Assessment
This is a routine administrative listing notification with limited market impact. It enables existing rights issue subscribers of TIL Limited to trade their partly paid shares on NSE from April 16, 2026. The listing of 1.21 crore partly paid shares at Rs. 7.50 paid-up (out of Rs. 165 issue price) provides liquidity to rights allottees before the next call money is due. Broader market impact is minimal as this affects only TIL Limited’s existing shareholder base who participated in the rights issue.
Impact Justification
Routine listing notification for partly paid rights issue shares of TIL Limited; no regulatory changes or broad market impact, affects only existing TIL rights issue subscribers.