TIL Ltd

Call money collection update

• Reminder letter sent to eligible shareholders on 19 August 2026.
• Acceptance window for call money: 21 August 2026 to 4 September 2026; Non-ASBA mode.
• Rights shares issued on a partly paid up basis; call money to be collected.
• Company will apply for listing and trading of the shares after payment window closes on 4 September 2026.

Call money reminder and acceptance window

• 2nd reminder letter for call money was sent to eligible shareholders on 19 August 2026.
• Acceptance window for call money: 21 August 2026 to 4 September 2026.
• Acceptance mode: Non-ASBA only.
• Post-closure listing and trading of shares to be applied for.
• Filed by Company Secretary; pertains to partly paid equity shares issued on Rights basis.

Meeting Details

• Date: August 14, 2026; time not disclosed.
• Meeting type/mode: Group virtual earnings conference call.
• Event: Q1 FY27 Earnings Conference Call; organizer: TIL Limited; moderator: Ernst & Young LLP.
• Key participants: Chairman & MD; Executive Director & CEO; Director Finance; Chief Growth & Technology Officer; CFO; Company Secretary.
• Purpose: Discuss Q1 FY27 results and Tulip Compression integration; investor Q&A.
• Recording: Conference is being recorded; transcript and presentation materials planned.

Participants

• Company management participants: Chairman & MD; Executive Director & CEO; Director Finance; Chief Growth & Technology Officer; Chief Financial Officer; Company Secretary.
• Moderator: Vikash Verma, Ernst & Young LLP.

Purpose

• Discuss Q1 FY27 results and Tulip integration; interactive Q&A.

Additional Notes

• TCPL contributed partially in Q1 FY27 (8 May 2026 to 30 Jun 2026).
• Conference recording available; transcript exists.

Issue Overview

• Type: Rights Issue of partly paid up equity shares.
• Total issue size: undersubscribed; net proceeds not fully specified.
• Main objectives: repayment of borrowings, general corporate purposes, and issue expenses.

Utilisation of Proceeds

• Utilisation as per offer document; no material deviation observed.
• GCP utilisation partial: 37.50 utilised; 11.00 unutilised.
• Issue expenses utilised: 2.68 crore; accounted.
• Debt repayment: partially utilised; 109.46 of 148.00 utilised.
• Unutilised funds: 49.87 crore remained.
• Progress: application money raised; deployment aligned with objects.

Governance and Compliance

• Approvals: board resolution dated Apr 28, 2026; CFO and BR certificates.
• Material events: FY26 standalone loss and cash loss reported.
• No major deviations observed; means of finance unchanged.
• Shareholder approvals: not applicable for deviations.
• No new regulatory actions reported.

General Corporate Purpose (GCP)

• GCP utilisation: 37.50 spent on reducing working capital borrowings.
• Remaining GCP funds: 11.00 unutilised; board approval obtained.
• BR authorised GCP allocations per April 28, 2026.

Business Overview

• TIL is a leading Indian material handling and infrastructure equipment manufacturer; TCPL integration underway.

Operational Highlights

• Delivered 9 Reach Stacker units in Q1FY27; TCPL integration partially consolidated.

Financial Performance

• Consolidated revenue ₹117 Cr; EBITDA ₹7.32 Cr; PAT −₹5.45 Cr in Q1 FY27.

Capital Structure & Liquidity

• No material debt or liquidity changes disclosed in this quarter.

Strategic Priorities & Outlook

• Expect TCPL integration, order book conversion, and aftermarket momentum to drive growth.

Risks & Mitigation

• Focus on cost discipline and TCPL integration to mitigate material and finance costs.

Governance & Leadership

• TCPL becomes majority-owned subsidiary; no board changes disclosed.

Meeting Details

• Q1 FY27 Earnings Conference Call on Friday, 14 August 2026 at 2:00 PM IST.
• Group virtual conference call.
• Organiser: TIL Limited.

Participants

• Chairman & MD to represent management.
• Executive Director & CEO.
• Director Finance.
• Chief Growth & Technology Officer.
• Chief Financial Officer.
• Company Secretary.

Purpose

• Q1 FY27 earnings results discussion with Q&A.

Meeting Details

• Date and time: Friday, 14 August 2026 at 2:00 PM IST.
• Type and mode: Earnings conference call (virtual) with management Q&A.
• Organiser: TIL Limited.
• Purpose: Discuss Q1 FY27 unaudited results and performance.
• Key participants: Chairman & MD; Executive Director & CEO; Director Finance.
• Key participants: Chief Growth & Technology Officer; Chief Financial Officer; Company Secretary.

Purpose and status

• Statement confirms no deviation or variation in fund utilization.

Fundraising mode

• Fundraising mode is warrants convertible into equity shares.

Fundraising details

• Funds raised and allotment details are disclosed in the filing.

Monitoring

• Monitoring agency is not applicable.

Utilisation status

• Utilisation status shows no deviation; funds are aligned with objects.