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Tilaknagar Industries informs about company update

09 Sep 2024 Evaluate

Pursuant to Regulation 30 of the SEBI (LODR) Regulations 2015, Tilaknagar Industries has informed that it enclosed a company update dated September 09, 2024 about a follow-on investment of Rs 13.15 crore, to be invested over a period of 18 months, in Spaceman Spirits Lab (SSL). With this funding, the company’s stake in SSL, maker of premium Indian craft gin Samsara and craft rum Sitara, will increase from 10 per cent to 20 per cent on a fully diluted basis. The above information is available on the Company’s website www.tilind.com.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
United Spirits 1397.20
United Breweries 1255.85
Radico Khaitan 4366.95
India Glycols 295.70
Allied Blenders&Dist 631.85
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