TIL Limited has received a confirmation certificate from its registrar CB Management Services (P) Limited regarding the successful completion of dematerialization activities during the quarter ended March 31, 2026. The certificate was issued in compliance with Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Certificate

The confirmation certificate, dated April 3, 2026, and bearing reference number CBMSPL/CEL/74(5)/MARCH-2026, was issued by CB Management Services (P) Limited, which serves as the registrar for TIL Limited. The certificate addresses the regulatory requirements outlined in various SEBI and depository circulars issued in January 2019.

Dematerialization Process Confirmation

The registrar has confirmed that all securities received from depository participants for dematerialization during the quarter ended March 31, 2026, were properly processed and confirmed to the depositories. The certificate states that these securities have been listed on the stock exchanges where the company's earlier issued securities are already listed.

CB Management Services has verified that the security certificates received for dematerialization have been confirmed or rejected as appropriate. The physical security certificates received were mutilated and cancelled after due verification by the depository participant, following standard regulatory procedures.

Administrative Updates

As part of the dematerialization process, the registrar has confirmed that the names of the depositories have been substituted in the register of members as the registered owner within the prescribed timelines. This administrative step ensures proper record-keeping and compliance with regulatory requirements.

The certificate was signed by Rana Roy Chowdhury on behalf of CB Management Services (P) Limited in their capacity as registrars, and acknowledged by Chandrani Chatterjee, Company Secretary of TIL Limited. This documentation serves as formal confirmation of the company's compliance with SEBI's dematerialization regulations for the specified quarter.

TIL Limited has published newspaper advertisements on March 26, 2026, announcing the completion of dispatch for its Letter of Offer and compliance with SEBI regulations for its upcoming rights issue. The company has fulfilled its regulatory obligations under Regulation 84 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Rights Issue Details

The company is conducting a comprehensive rights issue with the following key parameters:

Issue Timeline and Process

The rights issue follows a structured timeline for eligible equity shareholders:

The company has completed the dispatch of issue materials including the Application Form, Letter of Offer dated March 20, 2026, and Rights Entitlement letter on March 24, 2026. Eligible shareholders who provided valid email addresses received materials electronically, while others received physical dispatch to their registered Indian addresses.

Newspaper Publication Compliance

TIL Limited published advertisements in three newspapers to ensure wide circulation and regulatory compliance:

• Financial Express (English national daily newspaper with wide circulation, all editions)
• Jansatta (Hindi national daily newspaper with wide circulation)
• Dainik Statesman – Kolkata edition (Bengali language daily newspaper, regional language of Kolkata where the registered office is situated)

Application Process and Requirements

All investors must use the ASBA (Applications Supported by Blocked Amount) process mandatorily for applications in this issue. The rights entitlements will be credited to eligible shareholders' demat accounts under ISIN: INE806C20026 and will be tradable on stock exchanges subject to requisite approvals.

Specific Investors and Regulatory Framework

The issue is being undertaken in accordance with Regulation 86(1) of the SEBI ICDR Regulations. The company may allot any undersubscribed portion to specific investors:

The existing equity shares are listed and traded on BSE (Scrip Code: 505196) and NSE (Symbol: TIL) under ISIN: INE806C01018. MUFG Intime India Private Limited serves as the Registrar to the Issue, while Axis Bank Limited acts as both the Allotment Account Bank and Banker to the Issue.

Eligible equity shareholders holding shares in physical form must furnish demat account details at least two working days prior to the issue closing date to participate in the rights issue, as all allotments will be made in dematerialized form only.