Titagarh Rail Systems Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/11/2023 ,inter alia, to consider and approve inter alia a proposal to raise funds by issue of equity shares or other securities including through preferential issue, qualified institutional placement, rights issue, or through any other permissible mode or a combination thereof, subject to such statutory/ regulatory approvals as may be required, including approval of shareholders of the Company, as applicable. Further, pursuant to the 'Code of Conduct for Regulating, Monitoring and Reporting of Trading by Designated Person(s)' of the Company and the SEBI (Prohibition of Insider Trading) Regulations, 2015, the Trading Window for dealing in securities of the Company by Designated Persons and their immediate relatives will remain closed from 4th November, 2023 to 10th November, 2023 (both days inclusive). Further, we wish to inform you that the Company proposes to seek Members' approval for the said proposal in due course by way of Postal Ballot/ Extraordinary General Meeting.