GeeCee Ventures completes payment for Tilaknagar warrants
GEECEE · price
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GeeCee Ventures paid ₹14.33 crore, the remaining 75%, for 500,000 convertible warrants of listed liquor maker Tilaknagar Industries, after an earlier ₹4.77 crore payment. Total cost is ₹19.10 crore at ₹382 per warrant. Conversion, expected by November 30, 2025, would yield about 0.20% of Tilaknagar. The deal is not related-party.
GeeCee has committed ₹19.10 crore. The expected 0.20% Tilaknagar stake is small and unlikely to change either company; share issuance is pending.