Board approves 7:3 split of commodities trading into Tilak Jewels
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The board approved transferring the commodities trading business from Tilak Ventures to Tilak Jewels. Shareholders will receive 3 fully paid Tilak Jewels shares for every 7 Tilak Ventures shares, with no cash payment. The trading division reported nil turnover for FY ended 31 July 2026. Tilak Jewels plans to seek a BSE listing after the scheme takes effect.
Shareholders receive 3 Tilak Jewels shares for every 7 Tilak Ventures shares, subject to approvals and the new listing.