Titan Intech allots equity shares after warrant conversion

Titan Intech Limited's board of directors, in a meeting held on December 27, 2025, approved the allotment of 5,150,000 equity shares. These shares were allotted to Nadem Township Private Limited following the full conversion of convertible equity share warrants.

The conversion resulted in Nadem Township Private Limited receiving 5,150,000 equity shares. Previously, 5,150,000 convertible equity share warrants were allotted at a price of INR 55/- per share (face value INR 10/- and premium INR 45/-). The company is now allotting the equity shares with a reduced face value of INR 1.00/- per share.

This allotment was conducted as part of a preferential issue, marking a significant step in the company's capital restructuring. The details were provided in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.