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Tilaknagar Industries conferred the status of ‘Mega Project’

03 Aug 2011 Evaluate

Tilaknagar Industries has been conferred the status of ‘Mega Project’ where the Government of Maharashtra vide its letter dated D.O. No. HPC-1008/C.R.123/Ind-8 has decided to confer the status to the new manufacturing facilities of the company which includes 50 KLPD molasses based distillation plant and 100 KLPD grain based distillation plant along with captive power plant under Package Scheme of Incentives (PSI) 2007.

This will enable the company to enjoy following benefits. It will receive subsidy to the extent of 100% of eligible investment with a period of seven year by way of set off /credit for tax liability under Maharashtra Value Added Tax Act 2002 and Central Sales Tax Act 1956, Electricity duty exemption for the period of 7 years and 100% exemption from payment of stamp duty.

Further, the aforesaid benefits shall be subject to the conditions contained in the aforesaid letter of Government of Maharashtra.

Tilaknagar Industries is a leading manufacturer of liquor across the major categories -- whisky, brandy, rum, vodka and gin. It has a market leading position in the southern and western parts of India.

Tilaknagar Inds. Share Price

464.90 -1.90 (-0.41%)
31-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
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