In furtherance to the disclosure dated October 11, 2022, Tilaknagar Industries has informed that in the matter of Prag Distillery, wholly owned subsidiary of TI, Hon’ble NCLT has passed an order on June 23, 2023 mentioning that IA No. 2925 of 2022 and IA No. 2962 of 2022 in CP(IB) No. 1067/MB/C-I/2017 stands disposed of as allowed and the Company Petition (IB) No. 1067 of 2017 stands disposed of as withdrawn. The order passed states that the liquidation process of Prag Distillery, wholly owned subsidiary of TI is closed and withdrawn and the erstwhile Board of Directors for the management of the operations of Prag is reinstated. The order copy is enclosed. The above information is also available on the website of the Company www.tilind.com.
The above information is a part of company’s filings submitted to BSE.
Company Name | CMP |
---|---|
United Spirits | 1180.50 |
United Breweries | 1921.40 |
Radico Khaitan | 1719.25 |
Globus Spirits | 768.40 |
Tilaknagar Inds | 242.60 |
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