Tilak Ventures Ltd — Important, 10-10-2025: Company Update

Tilak Ventures' board has approved a rights issue to raise up to ₹89.14 Crore. The net proceeds of ₹88.54 Crore are primarily for working capital, including investments in shares, commodities, mutual funds, derivatives, and government securities. Promoters have committed to subscribing their full entitlement. The company's financial results for the quarter ending June 30, 2025, show a standalone profit of ₹2.21 Crore on ₹9.38 Crore revenue. For the financial year ending March 31, 2025, consolidated profit was ₹6.17 Crore on ₹26.73 Crore revenue. This capital raise aims to support core business operations despite ongoing litigations, including SEBI penalties totaling ₹0.98 Crore and tax liabilities of ₹143.92 Crore, all currently under appeal. New shares will have the same rights as existing equity shares, including for dividends.