Mumbai, Feb. 19 -- The company will raise capital by way of a rights issue, preferential allotment, qualified institutional placement, or any other permissible mode and or combination thereof, through the issuance of equity shares, equity-linked securities, warrants, and or any other eligible securities.

Earlier, on 16 February 2026, the company's board approved the acquisition of a 60% stake in Tulip Compression (TCPL) - a fast-growing clean energy solutions provider. The move marks the company's accelerated entry into the clean energy manufacturing ecosystem.

Established in 1944, TIL (formerly Tractors India) manufactures material handling and infrastructure equipment. Headquartered in Kolkata with a pan-India presence, it is renowned...