BSETilak Ventures LtdMediumNeutral
Announced Thu, 4 Dec · 20:02 IST

Tilak Ventures Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/12/2025 ,inter alia, to consider and approve The Issue of Shares on Rights Basis

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Tilak Ventures has informed BSE that its Board will meet on December 09, 2025 to finalise the terms of an already-approved Rights Issue of equity shares (face value ₹1 each). The Rights Issue size will not exceed ₹8,913.94 Lakhs, originally approved at the Board's October 09, 2025 meeting. At the upcoming meeting, the Board will decide the issue price, payment mechanism, entitlement ratio, issue size, record date, and overall timing. The filing is made under SEBI Listing Regulations to keep investors informed ahead of the decision.

Likely market impact

A rights issue allows existing shareholders to buy additional shares in proportion to their holdings, which can dilute stake for those who don't participate. The actual impact on the stock price will depend on the issue price relative to market value and the entitlement ratio, both of which will be decided at the December 09 meeting.