TIL Ltd Approves Final Call Money, Trading Suspension Set

TIL Ltd will collect Rs 41.25 per share as first and final call money.

Reader Takeaway: Company collecting final payment for rights shares; shareholders must pay by deadline to avoid status impact.

What just happened

The Board of Directors of TIL Ltd has approved the collection of the first and final call money. This amount is set at ₹41.25 per share.

This call is for the partly paid-up equity shares that were issued on a rights basis.

Why this matters

This is a crucial step for shareholders holding these specific partly paid-up rights shares. They are now required to pay the remaining balance to fully own their shares.

Failure to pay by the stipulated deadline could affect the status of their investment.

The backstory

The 1,20,91,760 partly paid-up equity shares were initially allotted by the company on April 9, 2026.

These shares represent a portion of a larger rights issue, with ₹41.25 being the final 25% of the total issue price of ₹165 per share.

What changes now

The company has fixed Wednesday, June 3, 2026, as the record date. This date determines which shareholders are eligible to pay the call money.

Trading in these specific partly paid-up equity shares, identified by ISIN: IN9806C01016, will be suspended effective from the same date, June 3, 2026.

Risks to watch

Investors must carefully monitor the 'Call Notice' which will be circulated by the company. This notice will contain vital details regarding payment methods, bank accounts, and the exact payment deadline.

Missing the payment deadline or making it incorrectly could lead to forfeiture or other adverse consequences for the shares held.

Peer comparison

(No verified peer comparison data available in the filing.)

Context metrics (time-bound)

• Call Money Amount: ₹41.25 per share
• Total Issue Price: ₹165 per share
• Allotment Date of Partly Paid Shares: April 9, 2026
• Record Date: June 3, 2026
• Trading Suspension Effective Date: June 3, 2026

What to track next

Shareholders should look out for the official 'Call Notice' from TIL Ltd for detailed payment instructions and deadlines. Timely and accurate payment is essential.