Tilaknagar Industries’ board has granted in-principle approval to the proposal for raising additional capital by the company amounting up to Rs 110 crore (including premium) through Preferential Issue of Equity Shares to Strategic Investors. The Board of Directors, in its meeting held on November 27, 2019 has approved the same.
Tilaknagar Industries is a leading manufacturer of liquor across the major categories - Whisky, Brandy, Rum, Vodka and Gin. The company has a leading market position in the southern and western parts of India.
