Committee Meeting Updates

TIL Limited CIN: L74999WB 1974PLC041725 Registered Office: 1, Taratolla Road, Garden Reach Kolkata-700 024 Ph. : 6633-2000, 6633-2845 Fax : 2469-3731/2143 Website ; www.tilindia.in 8" October, 2026 The Manager, The Secretary, Listing Department Listing Department National Stock Exchange of India Ltd., BSE Ltd., Exchange Plaza, C-1, Block — G, PJ. Towers, Bandra Kurla Complex, Bandra (E), Dalal Street, Fort, Mumbai 400 051 Mumbai 400001. Code: TIL Scrip Code: 505196 Dear Sir/ Madam, Sub: Outcome of the meeting of the Rights Issue Committee of the Board of Directors of TIL Limited held on 8 October, 2026 pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to the Rights Issue vide Letter of Offer dated 20" March, 2026, the Company allotted 1,20,91,760 partly paid-up Rights Equity Shares on 9" April, 2026. In terms of the Letter of Offer, the first and final call money of %41.25 per Rights Equity Share (comprising 2.50 towards face value and %38.75 towards premium) was made payable by the holders of the partly paid-up Rights Equity Shares. The first and final call money notice dated June 5, 2026, the first reminder notice dated July 15, 2026, and the second reminder-cum-forfeiture notice dated August 18, 2026 were duly issued to the holders of the partly paid-up Rights Equity Shares requiring them to pay the outstanding call money. The Company had also intimated the shareholders through the aforesaid notices that non-payment of the first and final call money would result in forfeiture of the partly paid-up equity shares, including the application money already paid thereon, in accordance with the provisions of the Companies Act, 2013 and the Articles of Association of the Company. Despite the aforesaid notices, the first and final call money in respect of 65,323 partly paid-up Rights Equity Shares continues to remain unpaid. We hereby inform you that the Rights Issue Committee of the Board of Directors of the Company, at its meeting held today, i.e. 8" October, 2026, has inter-alia, considered and approved the forfeiture of the said 65,323 partly paid-up Rights Equity Shares on which the first and final call money of %41.25 per Rights Equity Share (comprising %2.50 towards face value and ~38.75 towards premium) has not been received by the Company, together with the application money of =123.75 per Rights Equity Share already paid thereon, due to the failure of the holders thereof to pay the first and final call money within the stipulated time, in accordance with the provisions of the Companies Act, 2013, the Articles of Association of the Company and the Letter of Offer. TIL Limited Continuation Sheet No. .........:.c0:000.+- Loo cccecsceeseeeeees The notice of forfeiture shall be issued in due course to the holders of such partly paid-up equity shares on which the first and final call money remains unpaid. Requisite details in terms of Regulation 30 read with Schedule III of the SEB] LODR Regulations and the SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026, is enclosed as Annexure A. Please also note that the Committee had further decided not to re-issue the forfeited shares to anybody. The meeting commenced at 2 p.m. and concluded at 4 p.m. Kindly take the same on record. Thanking you, For TIL LIMITED CHANDRANI CHATTERJEE COMPANY SECRETARY TIL Limited Continuation Sheet No. ceccsseesssseeetle aeeusenmnecocewesenns Annexure A Disclosures as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Sr. Particulars Description 1 Forfeiture of shares Forfeiture of 65,323 partly paid-up Rights Equity Shares of face value of 10 each of TIL Limited on which the first and final call money of %41.25 per Rights Equity Share has not been received by the Company. 2 Reissue of forfeited shares or securities, or | Not Applicable the issue of shares or securities held in reserve for future issue or the creation in any form or manner of new shares or securities or any other rights, privileges or benefits to subscribe to Proposal to issue any class of securities Not Applicable Alterations of capital, including calls Not Applicable Change in the terms regarding redemptio n | Not Applicable / cancellation / retirement in whole or in part of any securities issued by the listed entity