GeeCee Ventures Completes ₹14.33 Crore Payment for Tilaknagar Industries Convertible Warrants

1 min read     Updated on 31 Oct 2025, 06:45 PM
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Ashish ThakurScanX News Team
Overview

GeeCee Ventures has finalized its investment in Tilaknagar Industries Limited (TIL) by completing the balance payment of ₹14.33 crore for convertible warrants, bringing the total investment to ₹19.10 crore. The company acquired 5,00,000 convertible warrants at ₹382 per warrant, which will represent about 0.20% of TIL's total share capital upon conversion. TIL, known for its flagship Mansion House Brandy, reported a turnover of ₹3,174.62 crore and a profit after tax of ₹239.43 crore for FY 2024-25. The warrant conversion is expected to be completed by November 30, 2025.

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GeeCee Ventures Limited has finalized its investment in Tilaknagar Industries Limited (TIL) by completing the balance payment for convertible warrants. This move marks a significant step in GeeCee's investment strategy and provides insight into the dynamics of the Indian Made Foreign Liquor (IMFL) market.

Investment Details

GeeCee Ventures has made the following payments towards the acquisition of convertible warrants in Tilaknagar Industries:

Particulars Amount (in Crores) Percentage
Initial Payment ₹4.77 25%
Balance Payment ₹14.33 75%
Total Investment ₹19.10 100%

The company has acquired 5,00,000 convertible warrants at a price of ₹382 per warrant. Upon conversion, these warrants will represent approximately 0.20% of Tilaknagar Industries' total share capital.

Timeline and Conversion

  • Balance Payment Date: October 31, 2025
  • Expected Conversion Completion: By November 30, 2025

About Tilaknagar Industries Limited

Tilaknagar Industries, incorporated on July 29, 1933, is a well-established player in the IMFL sector. Here are some key financial highlights of TIL:

Financial Metric Value (in Crores)
Authorized Capital ₹310.00
Paid-Up Capital ₹208.19
Turnover (FY 2024-25) ₹3,174.62
Profit After Tax (FY 2024-25) ₹239.43
Net Worth (as of 31.03.2025) ₹882.25

TIL is renowned for its flagship brand, Mansion House Brandy, which holds the position of India's largest-selling brandy. The company's product portfolio also includes whisky, rum, vodka, and gin under various labels.

Historical Performance

Tilaknagar Industries has shown consistent growth in turnover over the past three years:

Financial Year Turnover (in Crores)
2024-2025 ₹3,174.62
2023-2024 ₹2,958.26
2022-2023 ₹2,469.23

This investment by GeeCee Ventures into Tilaknagar Industries reflects a strategic move in the IMFL sector, which has been showing steady growth. The completion of this transaction may signal GeeCee's confidence in the future prospects of TIL and the broader alcoholic beverage market in India.

As the conversion of warrants is expected to be completed by November 30, 2025, market observers will be keen to see how this investment impacts both companies' future strategies and market positions.

Historical Stock Returns for GeeCee Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
+1.04%+3.35%-5.69%-7.52%-15.70%+372.80%
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GeeCee Ventures to Invest Rs. 15 Crores in Welspun Enterprises through Convertible Warrants

2 min read     Updated on 15 Oct 2025, 09:10 PM
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Reviewed by
Naman SharmaScanX News Team
Overview

GeeCee Ventures Limited is set to acquire 285,714 convertible warrants of Welspun Enterprises Limited (WEL) at ₹525 per warrant, totaling ₹15 crores. The warrants are convertible into equity shares within 18 months of allotment. Welspun Enterprises, a major player in India's infrastructure sector, reported a turnover of ₹2,827.39 crores and a profit after tax of ₹307.70 crores for FY 2024-2025. The investment requires shareholder and stock exchange approvals, complying with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

GeeCee Ventures Limited has announced a strategic investment in Welspun Enterprises Limited (WEL) through a preferential issue of convertible warrants. The move, approved by Welspun Enterprises' Board on October 15, 2025, marks a significant development in the infrastructure sector.

Investment Details

GeeCee Ventures has agreed to acquire 285,714 convertible warrants of Welspun Enterprises at a price of Rs. 525.00 per warrant, totaling an investment of Rs. 15.00 crores. The key details of the investment are as follows:

Aspect Details
Investment Amount Rs. 15.00 crores
Number of Warrants 285,714
Price per Warrant Rs. 525.00
Conversion Period Within 18 months of allotment
Conversion Ratio 1 warrant : 1 equity share

The warrants can be converted into equity shares within 18 months of allotment. Any warrants remaining unconverted after this period will lapse, and the amount paid will be forfeited.

About Welspun Enterprises

Welspun Enterprises, a part of Welspun World, is a rapidly expanding infrastructure company in India. The company operates primarily in the civil construction and infrastructure sectors, with a focus on:

  1. Transportation
  2. Water infrastructure
  3. Oil & gas (through joint ventures)

Financial highlights of Welspun Enterprises for FY 2024-2025 include:

Metric Value
Turnover Rs. 2,827.39 crores
Profit After Tax Rs. 307.70 crores
Authorized Capital Rs. 275.00 crores
Paid-Up Capital Rs. 138.41 crores

Regulatory Compliance

The investment exceeds the threshold specified in SEBI regulations, necessitating disclosure. The transaction will proceed after obtaining requisite approvals from shareholders and stock exchanges, in compliance with the Companies Act 2013 and SEBI ICDR regulations.

Strategic Implications

This investment by GeeCee Ventures in Welspun Enterprises may be seen as a strategic move to capitalize on the growing infrastructure sector in India. With Welspun's strong presence in transportation and water infrastructure, along with its joint ventures in the oil and gas sector, this investment could potentially yield significant returns for GeeCee Ventures in the long term.

As the infrastructure sector continues to play a crucial role in India's economic development, such investments may contribute to the sector's growth and efficiency. However, the actual impact of this investment on both companies' future performance remains to be seen.

Investors and market watchers will likely keep a close eye on how this partnership develops and its potential implications for the infrastructure sector as a whole.

Historical Stock Returns for GeeCee Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
+1.04%+3.35%-5.69%-7.52%-15.70%+372.80%
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