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Tilaknagar Industries informs about updates

19 Sep 2024 Evaluate
Tilaknagar Industries has informed that it enclosed a company update dated September 19, 2024 about a strategic investment of Rs 8 crore, through a mix of primary investment and secondary acquisition, to own a significant minority stake in Round the Cocktails (RTC or Bartisans), the makers of ready-to-pour premium mixer brand, Bartisans. Post this investment, Tilaknagar Industries, India’s largest premium brandy manufacturer, will hold a 36.17 percent share of the equity share capital 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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