Titan Intech Ltd Approves ₹49.14 Crore Rights Issue; Penny Stock Rises 4.76%

Hyderabad, October 27, 2025: The share price of Titan Intech Ltd (BSE: 521005) rose by 4.76% to ₹3.96 at 2:46 PM, continuing its winning streak following the approval by its board of a ₹49.14 crore rights issue to strengthen its equity base.

Titan Intech Ltd is engaged in IT-enabled services. Incorporated in Hyderabad, the company was listed under the XT Group on the BSE. The company, meanwhile, is classified under ESM Stage 1.

Rights Issue Details

Titan Intech Ltd has announced a rights issue to raise ₹49.14 crore, which was approved by the company’s board in its meeting held today. Under this issue, the company will offer and allot 49.14 crore fully paid-up equity shares with a face value of ₹1 each at an issue price of ₹1 per share.

The rights entitlement will be in the ratio of three new shares for every two shares held as on the record date of October 31, 2025. The issue’s ISIN for rights entitlement is INE807M20015. After the issue, the equity share capital of Titan Intech will increase from 32.76 crore shares to 81.90 crore shares, a substantial capital base increase intended for growth initiatives in the future.

Rights Issue Schedule

Titan Intech Ltd has fixed the schedule of its ₹49.14 crore rights issue, offering 49.14 crore fully paid-up equity shares priced at ₹1 per share, the company said today. The issue will open on November 10, 2025, and close on November 19, 2025.

The last date for the on-market renunciation of rights entitlements is November 14, 2025, while the off-market transfer of REs will also close on November 19, 2025. The entire issue amount is payable at the time of application, and rights entitlement letters and application forms will be dispatched to eligible shareholders shortly.

Stock Performance

As of 2:46 PM, Titan Intech Ltd shares were trading 4.76% higher at ₹3.96. The stock opened at ₹3.87, hit an intraday high of ₹3.96, and touched a low of ₹3.82. The company’s market capitalisation stood at ₹106.95 crore.

Titan Intech has not reported a price-to-earnings (P/E) ratio or dividend yield in its latest quarterly filings. The stock’s 52-week range spans from a high of ₹4.82 to a low of ₹1.13, indicating significant volatility in recent trading sessions.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/ba0281ea-3669-4766-b1c3-4b5249a7d334.pdf

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