Debt-Free Penny Stock Below Rs 5; Board Announces 2:1 Rights Issue of Shares!

DSIJ Intelligence-1 / 10 Dec 2025/ Categories: Multibaggers, Penny Stocks, Trending

The stock is up by 32.4 per cent from its 52-week low of Rs 2.38 per share.

The Board of Directors of Tilak Ventures Limited, following a meeting on December 9, 2025, has finalised the critical details for its upcoming Rights Issue, in compliance with SEBI Regulations. The company has fixed Monday, December 15, 2025, as the Record Date. This date is essential for determining which equity shareholders are entitled to receive the Rights Entitlement (RE) in their demat accounts. In preparation for the issue, Tilak Ventures has made necessary arrangements with NSDL and CDSL to credit the dematerialised REs to eligible shareholders before the issue opening date, facilitating the process for investors.

The approved terms confirm a substantial Rights Issue size of 89,13,93,612 new Equity Shares, each with a face value of Re 1, to be issued at par for a total price of Re 1 per share, aggregating up to Rs 89,13,93,612. The entitlement ratio for the issue is set at 2:1, meaning eligible shareholders will receive Two (2) Rights Equity Shares for every one (1) fully paid-up Equity Share they hold as of the Record Date. The Rights Issue will open on Wednesday, December 24, 2025, and close on Friday, January 9, 2026. Shareholders wishing to renounce their Rights Entitlements on-market will have a window from December 24, 2025, to January 2, 2026.

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About the Company

Tilak Ventures Ltd. is a non-Banking financial company (NBFC) incorporated in 1980, focusing primarily on finance, investment, and commodity trading activities. While the company is a long-listed entity on the BSE (503663), it has recently been active in raising capital, including a rights issue in late 2024 and another approved rights issue in December 2025, demonstrating its ongoing efforts to strengthen its financial position and fund its long-term investment strategy. The company is actively pursuing growth, with a recent focus on expanding its lending and investment portfolio and also holds interests in an e-commerce subsidiary.

The company has a market cap of Rs 137.27 crore and has delivered a good profit growth of 87.6 per cent CAGR over the last 5 years. The company is debt-free as of September 2025 with promoters holding 61.98 per cent stake in the company. The stock is up by 32.4 per cent from its 52-week low of Rs 2.38 per share.

Disclaimer: The article is for informational purposes only and not investment advice.