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ABD in talks with Tilaknagar Inds for possible merger deal: Report

12 Apr 2013 Evaluate

In what could be the biggest consolidation move in Indian liquor industry, Liquor baron Kishore Chhabria's Allied Blenders & Distillers (ABD) is reportedly in talks with rival Tilaknagar Industries for a merger deal.

If the deal materializes, Chhabria would be the majority shareholder, while Tilaknagar chairman Amit Dahanukar will retain a sizable minority interest, in a combined entity that could be valued at $1 billion. Chhabria has 95% stake in ABD, which owns the top selling Indian whiskey brand Officer's Choice. While the Dahanukar family controls 56% stake in Tilaknagar Industries, makers of Mansion House brandy.

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

472.75 8.00 (1.72%)
04-May-2026 16:59 View Price Chart
Peers
Company Name CMP
United Spirits 1322.25
United Breweries 1464.15
Radico Khaitan 3391.35
India Glycols 1038.35
Allied Blenders 537.05
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