Last Updated on February 26, 2026 by Rajat Bhati
TIL Rights Issue dates is not finalized.
TIL Limited is a premier heavy engineering and infrastructure equipment manufacturer, positioned at the intersection of traditional industrial excellence and modern clean-energy innovation. Originally established in 1944, TIL has undergone a significant transformation under the ‘TIL 2.0’ strategy following its acquisition by the Gainwell Group in early 2024, evolving from a legacy crane manufacturer into a comprehensive engineering solutions provider.
The company’s core operations revolve around a robust manufacturing ecosystem that designs and produces a wide range of material handling, lifting, port, and road construction equipment—including Hyster-TIL ReachStackers, advanced truck cranes, and high-performance pick-and-carry cranes. Strengthening its foothold in future-ready industries, TIL has recently expanded into the clean energy sector through the strategic acquisition of Tulip Compression, enabling the production of CNG, LNG, and Hydrogen infrastructure solutions. Leveraging its facilities in Kamarhati and Kharagpur, TIL provides high-reliability equipment tailored for challenging terrains and critical sectors like Defense and Oil & Gas.
Previously, TIL had launched its rights issue in April 2024, offering each share at INR 10. The INR 49.08 crore issue had an entitlement ratio of 28:10 for shareholders.
Promoters of TIL – TIL Global Private Limited (Formerly Known As Indocrest Defence Solutions Private Limited)
Table of Contents
TIL Rights Issue Details
| TIL Rights Issue Date | Coming soon |
| TIL Rights Issue Price | Coming soon |
| Issue Size (in Shares) | Coming soon |
| Issue Size (in INR) | INR 200 crore |
| Issue Entitlement | NA equity shares for every NA equity shares held on the record date |
| Terms of Payment | Fully payable at the time of application |
| TIL Rights Issue Record Date | Coming soon |
| Face Value | INR 10 per share |
| Listing On | NSE, BSE |
TIL Rights Issue Calculation
| TIL Rights Issue Price | Coming soon |
| Market Price on Rights Issue Approval | INR 240.05 per share |
| Dilution Factor (X) | |
| Fair Value After Dilution at Prevailing Price | Coming soon |
TIL Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 44 | 67 | 315 |
| Expenses | 99 | 141 | 302 |
| Operating Margin (%) | (125) | (111) | 4 |
| Net Income | (91) | 254 | 3 |
| ROCE (%) | (35) | (49) | 11 |
TIL Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Repayment/Pre-payment, in full or in part, of certain outstanding borrowings availed by the company, including the interest accrued thereon – INR 148.00 crore
- General corporate purposes
TIL Rights Offer Documents
- TIL Rights Issue Application Form
- TIL Letter of Offer
- Board Meeting Outcome
- TIL Draft Letter of Offer
- Rights Issue in 2026
TIL Rights Issue Dates
| Rights Issue Approval Date | Coming soon |
| Rights Issue Record Date | Coming soon |
| Credit of Rights Entitlement | Coming soon |
| Rights Issue Opening Date | Coming soon |
| Last Date for Market Renunciation | Coming soon |
| Rights Issue Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
TIL Rights Offer Registrar
MUFG INTIME (LINK INTIME) INDIA PRIVATE LIMITED
C-101, Embassy 247, LBS Marg, Surya Nagar, Gandhi Nagar,
Vikhroli (West), Mumbai-400 083, Maharashtra, India
Telephone: +91 81081 14949
Email: [email protected]
Website: www.in.mpms.mufg.com
TIL Contact Details
TIL LIMITED
1, Taratolla Road, Garden Reach
Kolkata – 700024, West Bengal, India
Telephone: +91 33 2469 3732-36
Email: [email protected]
Website: www.tilindia.com
TIL Rights Offer FAQs
What is the TIL Rights Issue Price?
The issue price is INR NA per share.
What is the TIL Rights Issue entitlement ratio?
The eligible shareholders are offered NA Equity Shares for every NA Equity Shares held on the record date.
What is the TIL Rights Issue Record Date?
The Record date is coming soon.
How to Apply in TIL Rights Offer?
The best way to apply in TIL Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.