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Tilaknagar Industries rises on plan to sell 90% stake in Shivprabha Sugars

31 May 2013 Evaluate

Tilaknagar Industries is currently trading at Rs 60.90, up by 0.50 points or 0.83% from its previous closing of Rs 60.40 on the BSE.

The scrip opened at Rs 60.95 and has touched a high and low of Rs 62.30 and Rs 60.40 respectively. So far 21910 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 86.95 on 04-Jan-2013 and a 52 week low of Rs 40.30 on 29-Aug-2012.

Last one week high and low of the scrip stood at Rs 63.20 and Rs 58.00 respectively. The current market cap of the company is Rs 741.47 crore.

The promoters holding in the company stood at 56.26% while Institutions and Non-Institutions held 22.69% and 21.05% respectively.

Tilaknagar Industries has received an approval for sale of 90% stake held by the company in its subsidiary company ‘Shivprabha Sugars’.  The board of directors at its meeting held on May 30, 2013 has approved for the same.

The board has also granted approval for entering into a Trademark Assignment Agreement with Mohan Breweries and Distilleries, Chennai (MBDL) for assignment of their trademarks viz. ‘Brigadier’s No. 1 Brandy’ and ‘Vorion No. 1 Indian 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
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