Tilak Ventures Limited has successfully completed a major rights issue, allotting 89,13,93,612 fully paid-up equity shares at ₹1.00 per share on January 12, 2026. The board of directors approved this significant capital raising exercise during a meeting held from 5:25 PM to 6:25 PM.

Rights Issue Details and Execution

The allotment was conducted in accordance with the Letter of Offer dated December 15, 2025, and followed the finalization of the basis of allotment in consultation with the designated stock exchange, BSE Limited, and the registrar to the issue. Each equity share carries a face value of ₹1.00 and was offered to eligible applicants at the same price of ₹1.00 per right share.

Capital Structure Transformation

The rights issue has resulted in a dramatic expansion of the company's equity base. The following table illustrates the significant change in the company's capital structure:

Corporate Governance and Compliance

The allotment process was conducted under Regulation 30 of the securities regulations, ensuring full compliance with regulatory requirements. The company has maintained transparency throughout the process, with proper consultation with BSE Limited as the designated stock exchange and coordination with the registrar to the issue.

Strategic Capital Enhancement

This rights issue represents a substantial capital infusion for Tilak Ventures Limited, with the paid-up capital increasing from ₹44.57 crores to ₹133.71 crores. The successful completion of this rights issue demonstrates strong investor confidence and provides the company with enhanced financial resources for its business operations and growth initiatives.

Tilak Ventures Limited has announced the opening of its rights issue through newspaper advertisements published on December 20, 2025. The company has complied with regulatory requirements by issuing formal notice to BSE Limited regarding this corporate action.

Rights Issue Timeline

The rights issue follows a specific timeline for investor participation:

Regulatory Compliance

Tilak Ventures Limited has fulfilled its obligations under Regulation 30 of the Listing Regulations by publishing the rights issue notice across multiple newspaper publications. The company published advertisements in three major publications to ensure wide dissemination of information to shareholders and potential investors.

Publication Details

The rights issue notice appeared in the following newspapers on December 20, 2025:

• Financial Express (All India English Edition)
• Mumbai Lakshadeep (Marathi Edition)
• Jansatta (All India Hindi Edition)

Corporate Communication

The formal communication was addressed to BSE Limited at Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai. The notice was signed by company officials and included all necessary enclosures as required by regulatory guidelines. The company requested BSE Limited to acknowledge receipt and maintain the information in their records.

Company Information

Tilak Ventures Limited operates from its registered office at 109, Crystal Plaza, New Link Road, Andheri (West), Mumbai 400053. The company's corporate identification number is L65910MH1980PLC023000, indicating its incorporation in Maharashtra in 1980. The rights issue represents a corporate action for the company as it seeks to raise capital through this equity offering mechanism.