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

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.

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.