Tilaknagar Industries has completed the investment in Bartisans of Rs 8.03 crore. In aggregate, the company owns 36.17% of the share capital of Bartisans on a fully diluted basis.
Earlier, the company had received an approval for an investment of Rs 8.03 crore in Round the Cocktails (Bartisans). The Finance Committee of the Board of Directors at its Meeting held on September 19, 2024, had considered and 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.
