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Tilaknagar Industries’ promoter converts 4.28 million warrants into equity

21 Mar 2012 Evaluate

Tilaknagar Industries’ board has approved the conversion of Convertible Warrants held by Amit Dahanukar- Promoter of the company.

The company’s board approved the allotment of 4,284,236 equity shares against conversion of warrants held at a premium of Rs 63 per share (each warrant convertible into one equity share of face value of Rs 10 each)

The paid up share capital of the company increased to Rs 1,200,017,720 effective March 19, 2012 (post warrant conversion of 4,284,236 warrants and allotment of 248,282 shares in ESOP) and the promoter holding increased to 56.29% on the enhanced capital.

Tilaknagar Industries is one of the renowned Indian Made Foreign Liquor players (including whisky, brandy, gin, rum and vodka) with presence across India. The Company manufactures; markets and sells more than 40 brands across all price points.

Tilaknagar Inds Share Price

470.00 23.95 (5.37%)
17-Apr-2026 16:59 View Price Chart
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