Board approves 7:3 demerger of commodities trading business into Tilak Jewels
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The board approved the demerger of Tilak Ventures' commodities trading activities into Tilak Jewels, with the business continuing under Tilak Jewels. Eligible shareholders will receive 3 fully paid Tilak Jewels shares for every 7 Tilak Ventures shares, with no cash payment, subject to approvals. The division had nil turnover in the year ended 31 July 2026, and Tilak Jewels plans to seek a BSE listing.
Shareholders receive 3 Tilak Jewels shares for every 7 Tilak Ventures shares, with no cash, after approvals. The stock impact is uncertain.