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PPCPL ceases to be subsidiary company of Tilaknagar Industries

18 Jan 2014 Evaluate

P.P. Caps (PPCPL) has ceased to be subsidiary company of Tilaknagar Industries with effect from January 16, 2014. It has ceased to be subsidiary of the company pursuant to the sale of entire stake held by the company in PPCPL.

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.

Peers
Company Name CMP
United Spirits 1250.45
United Breweries 1143.85
Radico Khaitan 4170.00
India Glycols 287.45
Allied Blenders&Dist 674.30
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