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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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
-0.55%+0.29%+7.28%-5.61%-11.34%+380.16%
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Geecee Ventures Invests 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 SScanX News Team
Overview

GeeCee Ventures Limited has subscribed to 2,85,714 convertible warrants of Welspun Enterprises Limited at Rs. 525.00 per warrant, totaling an investment of Rs. 15.00 crores. An initial payment of Rs. 3.75 crores has been made. Upon conversion, this could result in a 0.18% stake in Welspun's diluted share capital. Welspun Enterprises, an infrastructure company, reported a turnover of Rs. 2,827.39 crores.

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GeeCee Ventures Limited has announced a strategic investment in Welspun Enterprises Limited (WEL) through a preferential issue of convertible warrants. The company has subscribed to 2,85,714 convertible warrants of Welspun Enterprises at Rs. 525.00 per warrant.

Investment Details

The key details of the investment are as follows:

Aspect Details
Investment Amount Rs. 15.00 crores
Number of Warrants 2,85,714
Price per Warrant Rs. 525.00
Initial Payment Rs. 3.75 crores
Stake in Welspun 0.18%

GeeCee Ventures has made an initial payment of Rs. 3.75 crores, representing 25% of the total investment amount. The warrants can be converted into equity shares, potentially giving GeeCee a 0.18% stake in the diluted share capital of Welspun Enterprises.

About Welspun Enterprises

Welspun Enterprises is described as an infrastructure company. The company's financial highlight includes:

Metric Value
Turnover Rs. 2,827.39 crores

Strategic Implications

This investment by GeeCee Ventures in Welspun Enterprises may be seen as a strategic move in the infrastructure sector. With Welspun's presence in the infrastructure space and its turnover, this investment could potentially benefit GeeCee Ventures.

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

Historical Stock Returns for GeeCee Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
-0.55%+0.29%+7.28%-5.61%-11.34%+380.16%
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