Tilak Finance has received an approval whereby it will not continue and carry on NBFC business. The board at its meeting held on January 02, 2012 has discussed and approved for the same.
Recently, the company had received an approval to enter into business transfer agreement with GSR Techno Consultancy to purchase the travel portal business - www.outofcity.com of GSR Techno Consultancy.
Tilak Finance is engaged in finance, investment, consultancy and having interest in power project business which is fast growing and developing.