TIL Limited has announced another rescheduling of its Rights Issue Committee meeting, now planned for March 16-17, 2026. The company informed BSE Limited and National Stock Exchange of India about this latest postponement through an official communication dated March 16, 2026.

Meeting Postponement Details

The Rights Issue Committee meeting, which could not be held on the previously scheduled dates of March 12, 2026 or March 13, 2026, will now take place on either Monday, March 16, 2026 or Tuesday, March 17, 2026. The timing remains subject to the receipt of in-principle approval from the stock exchanges.

Series of Postponements

This latest rescheduling continues a pattern of delays, with the company referencing earlier intimations dated March 5, 7, 8, 9, and 11, 2026, all related to the postponement of the Rights Issue Committee meeting. The consistent reason cited across these communications has been the pending in-principle approval from stock exchanges in connection with the proposed rights issue.

Agenda Items

The Rights Issue Committee meeting will address several critical matters related to the proposed rights issue:

• Fixing the record date for the rights issue
• Determining the issue price
• Setting the entitlement ratio
• Other matters related to the proposed rights issue
• Additional items with the Chairman's permission

Company Information

TIL Limited, incorporated under CIN L74999WB1974PLC041725, operates from its registered office at 1, Taratolla Road, Garden Reach, Kolkata-700 024. The company secretary Chandrani Chatterjee signed the official communication to the stock exchanges regarding this rescheduling.

TIL Limited has announced the official e-voting results of its Extraordinary General Meeting held on 14th March, 2026, confirming overwhelming shareholder approval for both critical resolutions. The company submitted the voting results to stock exchanges pursuant to Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with the Consolidated Scrutinizer's Report.

Major Acquisition Receives Strong Approval

Shareholders decisively approved the acquisition of 60% equity stake in Tulip Compression Private Limited, representing 37,90,250 equity shares of face value Rs 10 each. The acquisition involves purchasing shares from Gainwell Commosales Private Limited, a related party under the Companies Act, 2013.

Voting Results Demonstrate Strong Support

The e-voting results revealed exceptional shareholder confidence in both resolutions. For the acquisition resolution, 8,184,273 votes were polled representing 12.28% of outstanding shares, with 8,184,252 votes in favour (99.99%) and only 21 votes against (0.01%).

Enhanced Borrowing Capacity Approved

The second resolution for enhancing the company's borrowing limit to Rs 600 crores under Section 180(1)(c) of the Companies Act, 2013 received even stronger participation. A total of 53,761,705 votes were polled representing 80.72% of outstanding shares, with 53,761,684 votes in favour (99.99%) and 21 votes against (0.01%).

E-Voting Process and Compliance

The remote e-voting window operated from 9:00 AM on 10th March, 2026 to 5:00 PM on 13th March, 2026, with additional e-voting during the EGM from 11:30 AM to 12:10 PM on 14th March, 2026. Ms. Rupanjana De, Practicing Company Secretary from Rupanjana De & Co., served as the appointed Scrutinizer ensuring transparent voting processes through NSDL's e-voting platform.

The company's total shareholder base comprised 11,026 shareholders as of the cut-off date of 7th March, 2026, with 58 shareholders attending the EGM through video conferencing. The resolutions authorize the Board of Directors and designated personnel to execute the acquisition agreements, determine final terms, and handle regulatory filings with authorities including the Registrar of Companies, SEBI, Stock Exchanges, and Competition Commission of India.