SECTOR
TIL gets nod to raise Rs 150 crore
Jan-02-2025

TIL has received approval for raising of funds upto a limit of Rs 150 crore by way of issuance of equity shares of the Company (Equity Shares) through Private placement vide any suitable mode like Qualified Institutions Placement and/or Preferential Issue etc., subject to such regulatory/statutory approvals as may be required and the approval of shareholders of the Company. The Board of Directors of the Company at their meeting held on January 2, 2025, considered and approved the same. 

TIL is one of the leading providers of a wide range of infrastructure equipment representing some of the finest in global technology. The company is engaged in the design, manufacture and marketing of a comprehensive range of material handling, port equipment and crushing & screening solutions for the Indian market, supported by an integrated after-sales support. 


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