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Tilaknagar Industries re-appointed Amit Dahanukar as Chairman and Managing Director, and Chemangala Ramachar Ramesh as Whole-Time Director. Additionally, Bhumika Batra's designation changed to Non-Executive Independent Director.
Tilaknagar Industries Ltd held its 91st Annual General Meeting on September 22, 2026. The meeting transacted business including financial adoption, dividend declaration, and director appointments.
Tilaknagar Industries completed the first tranche of its investment in Black Tiger Distilleries for ₹6.00 Crore, acquiring a 12.5% stake on a fully diluted basis.
Tilaknagar Industries allotted 424,025 equity shares to employees upon the exercise of options under its ESOP schemes. This allotment increases the company's paid-up equity share capital.
Tilaknagar Industries clarified a clerical error in its earlier acquisition filing of Black Tiger Distilleries Private Limited, correcting its net worth figure.
Tilaknagar Industries issued a corrigendum correcting the reported net worth of Black Tiger Distilleries Private Limited, the entity in which it is investing.
Tilaknagar Industries will acquire a 30% stake in Black Tiger Distilleries for ₹22 Crore. The investment in the tequila and agave spirits producer will be completed in two tranches.
Tilaknagar Industries reported Q1 FY27 net revenue of Rs. 1,046 crore, up 166% YoY. Strategy focuses on Imperial Blue integration, premiumization, and aggressive debt reduction.