Description
89.14 crore equity shares of Tilak Ventures Limited issued on rights basis listed and permitted to trade on BSE with effect from January 16, 2026.
Summary
BSE has listed 89,13,93,612 equity shares of Re. 1/- each of Tilak Ventures Limited (Scrip Code: 503663) issued at par on rights basis. The new securities will be available for trading from Friday, January 16, 2026. These shares rank pari-passu with existing equity shares of the company.
Key Points
- Company: Tilak Ventures Limited
- Scrip Code: 503663
- Number of shares listed: 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
- Ranking: Pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced in this circular.
Compliance Requirements
- Trading members are informed to note the listing of new securities
- The new shares are available for trading from the specified effective date
Important Dates
- Allotment Date: January 12, 2026
- Listing Date: January 16, 2026
- Trading Commencement: January 16, 2026 (Friday)
Impact Assessment
This is a significant rights issue for Tilak Ventures Limited with approximately 89.14 crore new equity shares being listed. The large number of shares issued indicates substantial dilution for existing shareholders who did not participate in the rights issue. The shares being issued at par (Re. 1/-) and ranking pari-passu with existing shares means new shareholders will have equal voting and dividend rights. Trading members should update their systems to reflect the increased share capital and adjust position limits accordingly.
Impact Justification
Standard rights issue listing affecting existing shareholders of Tilak Ventures Limited. Significant dilution with 89.14 crore new shares but routine corporate action.