Right Issue Status: Closed [28th Feb 2022 to 15th Mar 2022]
Tilak Ventures right issue of Rs. 48.18 Cr opens for subscription from 28 Feb to 15 Mar 2022. The company issues 3 right equity shares for every 4 fully paid-up equity shares held on the record date, 18 Feb 2022. The face value of share is Rs. 1 per share and the right issue price is fixed at Rs. 5 per share, 82 times the face value. Stay updated with us to know more about the Tilak Ventures Rights Issue including issue size, right issue entitlement, terms of payment, and more.
The net proceeds from the right issue will be utilized towards the following;
|Tilak Ventures Issue Details||Values|
|Right Issue Issue Size (Shares)||9.64 Cr Eq Shares|
|Right Issue Issue Size (Amount)||₹48.18 Cr|
|Face Value||₹1 Per Equity Share|
|Right Issue - Issue Price||₹5 per share|
|Right Issue Record Date||18th Feb 2022|
|Right Issue Entitlement||3 right shares for every 4 fully equity shares held on the record date, 18 Feb|
|Right Issue Terms of payment||50% of the Issue Price i.e. Rs. 2.50/- per Rights Equity Share shall be payable at the time of application and the balance of 50%, Rs. 2.50 per right Share shall be payable in one or mo|
In this section we have covered all important dates related to Tilak Ventures Right Issue. Dates are updated as they are announced. The most noted dates are Right Issue start date and Right Issue end date, which one should use to participate in Right Issue.
|Right Issue Activity||Date|
|Right Issue Issue Open Date||28th Feb 2022|
|Right Issue Issue Close Date||15th Mar 2022|
|Basis of Allotment Finalisation Date*||25th Mar 2022|
|Refunds Initiation*||28th Mar 2022|
|Credit of Shares to Demat Account*||29th Mar 2022|
|Right Issue Listing Date*||5th Apr 2022|
* - Tentative Dates
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Tilak ventures Ltd was earlier a travel portal business but later in 2011-12, it has sold its travel business and related IP rights. Currently, the firm is engaged in the business of financing, investment, and trading into shares and commodities. Now, it has two key business segments; Finance and Commodities Activities.
Past performance and financial results of Tilak Ventures.
|Tilak ventures Financials (₹ in Cr)||30-Sep-2021||31-Mar-2021|
Tilak Ventures Right Issue Offer Document (Letter of Offer) >>Document
Tilak Ventures Right Issue Online Application (Registrar & Transfer Agent) >>Tilak Ventures Right Issue RTA information is not yet available.
Last Updated on 2022-04-06T10:35:35+00:00
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