Description

TILAK VENTURES LIMITED has fixed the record date for rights issue of 2 equity shares for every 1 share held at Re.1/- per share, with ex-rights date from December 15, 2025.

Summary

TILAK VENTURES LIMITED (Scrip Code: 503663) has announced a rights issue of equity shares with a record date of December 15, 2025. The company will issue 2 equity shares of Re.1/- each for every 1 equity share held, at par value. Trading in the company’s shares will be conducted on an ex-rights basis from December 15, 2025 (Settlement No. DR-777/2025-2026).

Key Points

  • Company: TILAK VENTURES LIMITED (Scrip Code: 503663)
  • Rights Ratio: 2:1 (Two new shares for every one existing share)
  • Face Value: Re.1/- per equity share
  • Issue Price: Re.1/- per share (at par), payable on application
  • Segment: Dematerialised Securities – Rolling Settlement
  • Issue Type: Cash rights issue

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notification as per existing listing compliance requirements.

Compliance Requirements

  • Trading members must execute all transactions in TILAK VENTURES LIMITED shares on an ex-rights basis from December 15, 2025
  • Trading members are required to note the record date and ex-rights date for proper settlement
  • Shareholders holding shares as of the record date will be entitled to participate in the rights issue

Important Dates

  • Circular Date: December 10, 2025
  • Record Date: December 15, 2025
  • Ex-Rights Date: December 15, 2025
  • Settlement Number: DR-777/2025-2026

Impact Assessment

Shareholder Impact: Existing shareholders will have the opportunity to subscribe to 2 additional shares for every 1 share held, potentially doubling their shareholding at par value. Non-participation will result in dilution of their ownership stake.

Market Impact: The ex-rights trading from December 15, 2025 will result in price adjustment to reflect the rights entitlement. The 2:1 ratio represents significant equity expansion.

Liquidity Impact: Increased share capital will potentially improve liquidity in the stock post-rights issue, though immediate trading will reflect the ex-rights adjustment.

Financial Impact: The issue at par value (Re.1/-) suggests the company is raising capital for business operations, with full payment due on application.

Impact Justification

Rights issue affects existing shareholders with a 2:1 ratio, representing significant dilution but at par value. Medium impact as it's limited to specific company shareholders.