Tilaknagar To Raise Rs 22.96 Billion Via Equity, Warrants
ECONOMY & POLICY

Tilaknagar To Raise Rs 22.96 Billion Via Equity, Warrants

Tilaknagar Industries Limited, a leading Indian-Made Foreign Liquor (IMFL) manufacturer, has announced that its Board of Directors has approved a preferential issue of equity shares and warrants worth approximately Rs 22.96 billion. The securities will be issued at Rs 382 each, in line with pricing norms under Regulation 164 of the SEBI ICDR Regulations. A total of 44 investors, including promoters and key existing shareholders, are participating in the issue.
The funds raised will primarily support the acquisition of the Imperial Blue (IB) business division, alongside general corporate purposes. This equity issuance, combined with a proposed debt raise, will help establish a balanced capital structure for the acquisition.
Promoter participation further underscores confidence in the company’s strategy, with Chairman and Managing Director Mr. Amit Dahanukar subscribing to warrants worth approximately Rs 3.06 billion.
This capital raise marks a pivotal step in Tilaknagar’s growth path, reflecting strong investor trust in its long-term vision and potential to consolidate its position in the IMFL segment.

Tilaknagar Industries Limited, a leading Indian-Made Foreign Liquor (IMFL) manufacturer, has announced that its Board of Directors has approved a preferential issue of equity shares and warrants worth approximately Rs 22.96 billion. The securities will be issued at Rs 382 each, in line with pricing norms under Regulation 164 of the SEBI ICDR Regulations. A total of 44 investors, including promoters and key existing shareholders, are participating in the issue.The funds raised will primarily support the acquisition of the Imperial Blue (IB) business division, alongside general corporate purposes. This equity issuance, combined with a proposed debt raise, will help establish a balanced capital structure for the acquisition.Promoter participation further underscores confidence in the company’s strategy, with Chairman and Managing Director Mr. Amit Dahanukar subscribing to warrants worth approximately Rs 3.06 billion.This capital raise marks a pivotal step in Tilaknagar’s growth path, reflecting strong investor trust in its long-term vision and potential to consolidate its position in the IMFL segment.

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