NSEStatement of deviation(s) or variation(s) under Reg. 324d ago · 18 Jul 2026, 03:48 pm
Statement of deviation(s) or variation(s) under Reg. 32
TIL Limited · TIL
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TIL Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32, stating that there are no deviations or variations in the utilization of the proceeds of 37,50,000 equity shares allotted pursuant to conversion of 37,50,000 equity warrants of Company, as per the objects of the said issue.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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TIL Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
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TIL_18072026154805_StatementDVFjune2026.pdf
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TIL Limited
CIN : L74999WB1974PLC041725
Registered Office:
1, Taratolla Road, Garden Reach
Kalkata-700 024
Ph. : 6633-2000, 6633-2845
Fax : 2469-3731/2143
Website: www. tilindia.in
18.07.2026
The Manager,
The Secretary,
Listing Department Listing Department
National Stock Exchange of India Ltd., BSE Ltd.,
Exchange Plaza, C-1, Block - G, P.J. Towers,
Bandra Kurla Complex, Bandra (E), Dalal Street, Fort,
Mumbai 400 051 Mumbai 400001.
Stock Code: TIL Scrip Code: 505196
Dear Sir,
Sub: Statement on Deviation or Variation of funds under Regulation 32 of
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
(“SEBI Listing Regulations”)
Pursuant to Regulation 32 of the SEBI Listing Regulations and SEBI Circular No.
CIR/CFD/CMD1/162/2019 dated December 24, 2019, please note that during the first
quarter ended on 30t June, 2026 there are no deviation(s) or variation(s) in respect of the
utilization of the proceeds of 37,50,000 equity shares allotted pursuant to conversion of
37,50,000 equity warrants of Company, as per the objects of the said issue.
Please find enclosed herewith a statement in this regard.
Kindly take the same in your record.
Thanking You,
Yours faithfully
For TIL LIMITED
CHANDRANI CHATTERJEE
COMPANY SECRETARY
Encl: As above
TIL Limited Continuation Sheet No. ........ savsnunwwaunune
STATEMENT OF DEVIATION OR VARIATION IN UTILIZATION OF FUNDS RAISED
Name of listed entity TIL LIMITED
Mode of Fund Raising Warrants convertible into equity shares
Date of Raising Funds 28th January, 2026 (Date of Allotment)
Amount Raised Rs. 60 Crores
Report filed for Quarter ended 30% June, 2026
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable Not Applicable
Is there a Deviation/ Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a Not Applicable
contract or objects, which was approved by the
Shareholders
If Yes, Date of Shareholders Approval Not Applicable
Explanation for the Deviation / Variation Not Applicable
Comments of the Audit Committee after review None
Comments of the auditors, if any None
Set forth below is the object for which funds have been raised and details of deviation, if any:
Original Object Modified | Original | Modified | Funds | Funds | Amount |Remarksif any
Object, if | Allocation} Allocation, | already | Utilised | of
any (in if any utilized in Deviation/
Lakh) (tin current | Variation
Lakh) | quarter | for
(®in Quarter
Lakh) | according
applicable
object
Capital expenditure for - 3,600 ss 188 90.04 | NIL = 3,321.96 lakhs to be
growth including utilized in phased
acquisition manner for the same
purpose
Working capital - 1,200 - 1,200 - NIL
requirements
General corporate purposes] - 1,200 - 1,200 -- NIL
Total F 6,000 - 2,588 90.04
For TIL LIMITED
Wef n Noms Chis
CHANDRANI CHATTERJEE
COMPANY SECRETARY