TIL Limited shareholders have appointed M/s V. Singhi & Associates as the company’s Statutory Auditors for a term of five consecutive years, effective from Financial Year 2026-27. The resolution was passed at the 51st Annual General Meeting (AGM) held on July 29, 2026, marking a transition in audit responsibilities following the conclusion of the previous auditor’s tenure. This appointment ensures continuity in compliance with SEBI Listing Obligations and Disclosure Requirements (LODR) regulations while bringing a firm with extensive regulatory experience to oversee the company’s financial reporting.

The appointment follows the expiration of the term for M/s Singhi & Co., Chartered Accountants (Firm Registration No. 302049E), who served as Statutory Auditors for five years after their initial appointment at the 46th AGM on September 10, 2021. Their tenure officially concluded at the 51st AGM held today. In accordance with Regulation 30 of the SEBI LODR and Part A Para A(7) of Schedule III, TIL Limited has intimated the National Stock Exchange of India Ltd and BSE Ltd regarding this change. The disclosure also aligns with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Auditor Profile and Expertise

M/s V. Singhi & Associates, Chartered Accountants (Firm Registration No. 311017E), is an established professional services firm with nearly 50 years of experience in the audit profession. The firm operates offices across seven major cities in India and employs over 22 partners and more than 500 professional resources. It is empanelled by key regulatory institutions including the Securities and Exchange Board of India (SEBI), Reserve Bank of India (RBI), Central Board of Direct Taxes (CBDT), and Comptroller and Auditor General (CAG).

The firm provides a comprehensive suite of services including Assurance, Taxation, Risk Advisory, Forensic Audit, Corporate Restructuring, Valuation & Financial Modelling, Due Diligence, Secretarial Services, FEMA Advisory, and Virtual CFO Solutions. Its client portfolio includes multiple listed companies across diverse sectors such as manufacturing, Power, Trading, hospitality, and logistics.

Other Key Resolutions Passed

Alongside the auditor appointment, the 51st AGM approved several other key resolutions. Shareholders adopted the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026. Mr. Alok Kumar Tripathi, Director, was reappointed as a Director of the Company upon retiring by rotation.

Additionally, the remuneration payable to M/s N. Radhakrishnan & Co., Cost Accountants (Firm Registration No. 000056), appointed as the Cost Auditor for FY2026-27, was ratified. The approved fee is ₹150,000 plus applicable taxes and reimbursement of out-of-pocket expenses. Mrs. Rupanjana Dey, Practicing Company Secretary (Membership No. F7530), was appointed as the Scrutiniser for the E-Voting process.

Regulatory Compliance and Disclosure

Chandrani Chatterjee, Company Secretary of TIL Limited, signed the intimation letter addressed to the Listing Departments of both NSE and BSE. The company has made the relevant details available on its website at www.tilindia.in to ensure transparency and accessibility for stakeholders. No relationships between directors and the newly appointed auditor were disclosed, as indicated by the “Not Applicable” status in the annexure.

TIL Limited has initiated the process of collecting the First and Final call money on partly paid shares issued on a rights basis by sending reminder letters to eligible shareholders. The company has established a specific payment window from July 17, 2026, to July 31, 2026, for shareholders to settle the pending dues. This action is necessary to complete the payment process for the rights shares allotted previously.

The acceptance of the call money will be conducted exclusively through the Non-ASBA mode during the stipulated period. Shareholders who have not yet paid the call money are required to utilize this window to ensure their entitlements are regularized. The company has communicated that it will apply for the further listing and trading of these shares only after the closure of the call money acceptance period on July 31, 2026.

The intimation regarding the dispatch of reminder letters follows the company's earlier communication dated July 9, 2026, which concerned the allotment of fully paid-up shares issued on a rights basis. The current notice serves to alert the exchanges and shareholders about the final opportunity to pay the call money on the partly paid-up rights shares.