Tilak Ventures Limited has scheduled a board meeting for Tuesday, October 27, 2026, to consider and approve a proposed Scheme of Arrangement. This corporate action is subject to necessary regulatory and statutory approvals.

The board will evaluate the scheme under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013. The company filed this intimation with the BSE on October 16, 2026, pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting agenda details

The Board of Directors will address the following items during the session:

• Consider and approve the proposed Scheme of Arrangement.
• Discuss other matters incidental and consequential to the proposed scheme, if necessary.

Key dates

The proposal requires further regulatory clearance before implementation. Shareholders and stakeholders should monitor subsequent disclosures for updates on the scheme's status.

Tilak Ventures Limited shareholders approved all resolutions at the 45th Annual General Meeting held on September 24, 2026. The company disclosed the consolidated voting results and scrutinizer's report on September 28, 2026.

The proceedings were conducted in compliance with Ministry of Corporate Affairs and SEBI circulars permitting virtual meetings. A total of 186 members participated in the voting process through the digital platform, casting votes for 375,882,564 equity shares. The e-voting facility was provided by National Securities Depository Limited, with the remote voting window open from September 21 to September 23, 2026.

Key resolutions passed

The Chairman, Girraj Kishor Agrawal, presented the standalone audited financial statements for the financial year ended March 31, 2026. Shareholders adopted these statements along with the Board of Directors' report and the Independent Auditors' Report. This resolution received support from 99.9986% of valid votes cast.

The meeting also addressed the re-appointment of directors and auditors. Mrs. Tanu Agrawal, Non-Executive Non-Independent Director, was re-appointed following her retirement by rotation under Section 152(6) of the Companies Act, 2013. The resolution for her re-appointment was approved by 99.9980% of the votes.

Director and auditor appointments

Shareholders approved the re-appointment of Vikash Kulhriya (DIN: 09014921) as an Independent Director for a second term via a special resolution. His tenure will extend from the conclusion of this AGM till the conclusion of the Annual General Meeting to be held in FY32. Kulhriya brings extensive experience in Finance & Audit, including statutory audits of banks. The resolution was supported by 99.9981% of valid votes.

Additionally, shareholders approved the appointment of Jay Bhatt & Associates as the secretarial auditor of the company. The firm, registered with The Institute of Company Secretaries of India (COP No: 28320), will serve for a term of 5 years, holding office from the conclusion of this AGM till the conclusion of the AGM in FY32. The firm has prior experience handling compliances for listed and unlisted companies under the Companies Act and SEBI regulations. This appointment received 99.9984% approval.

Voting results summary

The following table summarizes the voting outcomes for the key resolutions passed during the AGM:

Note: For Item No 5 (Related Party Transactions), only 184 members voted, representing 200,244,528 shares, as opposed to the full 186 members voting on other items.

Attendance and governance details

The board of directors present at the meeting included five independent directors alongside the Managing Director and a Non-Executive Director. Key managerial personnel, including the Chief Financial Officer and Company Secretary, were also present virtually.

Jay Bhatt & Associates served as the scrutinizer for both remote e-voting and e-voting during the AGM. The company secretary confirmed that voting results would be announced within 48 hours at the registered office and displayed on the company website.