Tilak Ventures Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/06/2025 ,inter alia, to consider and approve Pursuant to Regulation 29 of ....
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Tilak Ventures Ltd has informed BSE that its Board of Directors will meet on Wednesday, June 4, 2025. The key agenda item is to consider and approve the sale of shares of Yosto Ventures Pvt Ltd, which is a subsidiary of Tilak Ventures. The intimation has been made under Regulation 29 of the SEBI Listing Obligations and Disclosure Requirements. No financial details, deal value, or buyer have been disclosed yet. The board may also discuss any other business with the chair's permission.
If approved, this signals Tilak Ventures exiting one of its subsidiaries, which could change the company's consolidated structure and earnings profile. Investors should wait for the post-meeting outcome to assess the deal value, the buyer's identity, and whether it triggers any open-offer obligations before taking a position.