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Tilaknagar Industries in talks to sell stake to Allied Blenders

22 Jan 2014 Evaluate

In a bid to reduce its debt, Tilaknagar Industries is in talks with Kishore Chhabria-led Allied Blenders and Distillers (ABD) to sell majority of its stake in the company. Tilaknagar Industries has a total debt of Rs 677 crore for the fiscal year ended March 2013.

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

470.00 23.95 (5.37%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
United Spirits 1303.00
United Breweries 1494.10
Radico Khaitan 3188.25
India Glycols 975.65
Allied Blenders 573.50
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