Tilak Ventures Ltd — Important, 16-12-2025: Company Update

Tilak Ventures has released its final Letter of Offer for a Rights Issue, aiming to raise up to ₹89.14 Crore by offering 89.14 Crore new equity shares at ₹1.00 each. Eligible shareholders can subscribe to 2 new shares for every 1 share held. The funds are earmarked primarily for working capital, including investments across various securities, commodities, and derivatives. Promoters will fully subscribe to their entitlements but will not apply for additional shares. The company's half-year financial results show revenue of ₹18.04 Crore and a profit after tax of ₹5.60 Crore, with net worth at ₹143.52 Crore. The company and its directors are appealing two SEBI penalties totaling ₹0.98 Crore, paid under protest.