Tilak Ventures Limited — Major Shareholding Notification 2024

Feb 23, 2024

==> picture [581 x 104] intentionally omitted <==

Date: 22[nd] February, 2024

To,

The Bombay Stock Exchange,

Department of Corporate Services, Floor25, P.J. Tower, Dalal Street, Mumbai-400 001

Subject: Disclosure under Regulation 29 (2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Ref: Scrip Code 503663, Tilak Ventures Ltd.

Dear Sir,

We would like to inform you that we are the promoter of Tilak Ventures Ltd. We have sold the shares of M/s Tilak Ventures Ltd (Scrip Code – 503663 ), we are submitting herewith the Disclosure under Regulation 29 (2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Please find enclosed herewith disclosure pursuant to Regulation 29 (2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Kindly take the same on your records and acknowledged the receipt of the same.

Thanking You. Yours Faithfully,

For BANAS FINANCE LIMITED

GIRRAJ Digitally signed by GIRRAJ KISHOR KISHOR AGRAWAL AGRAWAL Date: 2024.02.22 17:58:52 +05'30'

Girraj Kishor Agrawal Director

DIN: 00290959

CC To:

M/s Tilak Ventures Ltd

Regis. Off E-109, Crystal Plaza, Opp Infiniti Mall Andheri West, Mumbai - 400053

==> picture [581 x 104] intentionally omitted <==

Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers)

Regulations, 2011

==> picture [480 x 569] intentionally omitted <==

----- Start of picture text -----

Name of the Target Company (TC) M/s Tilak Ventures Ltd.
Name(s) of the Seller and Persons Acting in M/s. Banas Finance Limited
Concert (PAC) with the acquirer/ seller
Whether the acquirer/S eller belongs to Promoter
Promoter/Promoter group
Name(s) of the Stock Exchange(s) where the shares Bombay Stock Exchange Limited (BSE)
of TC are Listed
Details of the acquisition / disposal as follows Number % w.r.t. total % w.r.t.
share/voting total diluted
capital share/voting
wherever capital of
applicable the TC ()
Before the Disposal under consideration, holding
of :
a) Shares carrying voting rights 9,01,42,653 40.45 N.A.
b) Voting rights (VR) otherwise than by equity N.A. N.A. N.A.
shares
c) Warrants/convertible securities/any other
instrument that entitles the acquirer to receive N.A. N.A. N.A.
shares carrying voting rights in the TC
(specify holding in each category)
d) Total (a+b+c) 9,01,42,653 40.45% N.A.
Details of Disposal/Sale:
a) Shares carrying voting rights acquired/s old 24,49,592 1.10% N.A.
b) VRs acquired otherwise than by equity shares N.A. N.A. N.A.
c) Warrants/convertible securities/any other
N.A. N.A. N.A.
instrument that entitles the acquirer to receive
shares carrying voting rights in the TC
(specify holding in each category)
acquired/sold
d) Total (a+b+c) 24,49,592 1.10% N.A.
----- End of picture text -----*

==> picture [581 x 104] intentionally omitted <==

==> picture [480 x 411] intentionally omitted <==

----- Start of picture text -----

After the Sale, holding of:
a) Shares carrying voting rights 8,76,93,061 39.35% N.A.
b) VRs otherwise than by equity shares N.A.
N.A. N.A.
c) Warrants/convertible securities/any other N.A.
N.A.
N.A.
instrument that entitles the acquirer to receive
shares carrying voting rights in the TC
(specify holding in each category) after
acquisition
d) Total (a+b+c) 8,76,93,061 39.35% N.A.
Mode of acquisition/ sale (e.g. open market / off-
Open Market (Sale)
market / public issue / rights issue /preferential
allotment / inter-se transfer etc.)
Date of acquisition / sale of shares / VR or date of 22/02/2024
receipt of intimation of allotment of shares,
whichever is applicable
Equity share capital / total voting capital of the TC 22,28,48,403 Eq. Shares of Rs. 1/- each aggregating
to Rs. 22,28,48,403.
before the said acquisition/ sale
Equity share capital/ total voting capital of the TC 22,28,48,403 Eq. Shares of Rs. 1/- each aggregating
to Rs. 22,28,48,403.
after the said acquisition/ sale
Total diluted share/voting capital of the TC after 22,28,48,403 Eq. Shares of Rs. 1/- each aggregating
to Rs. 22,28,48,403.
the said acquisition/ sale
----- End of picture text -----

For BANAS FINANCE LIMITED

GIRRAJ Digitally signed by GIRRAJ KISHOR KISHOR AGRAWAL AGRAWAL Date: 2024.02.22 17:50:20 +05'30'

Girraj Kishor Agrawal Director DIN: 00290959

Date: 22/02/2024 Place: Mumbai