Tilak Ventures Ltd — Important, 15-05-2026: Company Update

Tilak Ventures Limited has submitted its Monitoring Agency Report regarding the utilization of proceeds from its Rights Issue. The report confirms no deviation from the stated objects. The company successfully raised Rs. 89.14 crore through the Rights Issue, with net proceeds of Rs. 88.54 crore. These funds have been fully deployed for working capital requirements. This includes investments of Rs. 60.62 crore in shares and government bonds, and Rs. 27.92 crore in bullion. This update assures investors that the capital raised is being used as planned, supporting the company's operational needs and investment activities.