Description

89,13,93,612 equity shares of Re. 1/- each issued at par on rights basis by Tilak Ventures Limited listed and permitted to trade with effect from January 16, 2026.

Summary

BSE has announced the listing of 89,13,93,612 new equity shares of Tilak Ventures Limited (Scrip Code: 503663) issued on a rights basis. These shares will be available for trading on the Exchange from Friday, January 16, 2026. The shares were allotted on January 12, 2026, at par value of Re. 1/- each and rank pari-passu with existing equity shares.

Key Points

  • Company: Tilak Ventures Limited (Scrip Code: 503663)
  • Number of new shares: 89,13,93,612 equity shares
  • Face value: Re. 1/- per share
  • Issue type: Rights issue at par
  • ISIN: INE026L01022
  • Distinctive Numbers: 445696807 to 1337090418
  • Date of allotment: January 12, 2026
  • Trading commencement: January 16, 2026
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification.

Compliance Requirements

Trading members are informed to note the listing of these new securities for trading purposes. No specific compliance actions required beyond normal trading procedures.

Important Dates

  • January 12, 2026: Date of allotment
  • January 14, 2026: Notice date
  • January 16, 2026: Trading commencement date

Impact Assessment

Market Impact: Medium - The addition of approximately 89.14 crore new equity shares represents a substantial increase in the equity base of Tilak Ventures Limited, which will likely impact the liquidity and trading volumes of the stock.

Investor Impact: Medium - Existing shareholders who participated in the rights issue will see their holdings reflected in trading accounts. The increased share base may affect earnings per share calculations and market capitalization.

Operational Impact: Low - Standard listing process with no unusual requirements for brokers or trading members.

Impact Justification

Standard rights issue listing affecting a single company with substantial number of new shares (89.14 crore shares) that may impact liquidity and trading volumes.