Tilak Ventures Board Approves Scheme of Arrangement for Demerger

Tilak Ventures Limited announced that its Board of Directors has approved a Scheme of Arrangement for the demerger of its Commodities (Trading) Activities into Tilak Jewels Limited. The demerger is intended to achieve size, scalability, and greater financial strength, thereby maximizing shareholder value. The transaction involves no cash consideration, and Tilak Jewels Limited will issue shares to Tilak Ventures' shareholders in a mirror shareholding structure. The demerged division reported Nil turnover for the financial year ended July 31, 2026.