ALPHA TRIBE

Tilaknagar Industries LimitedOthers, 14-05-2025: Change in Director(s)

14-05-2025 | 08:30 pm

Tilaknagar Industries Ltd. has announced a board meeting outcome approving the financial results for the quarter and half-year. Consolidated and standalone revenues stood at ₹3,17,461.49 lakh, with profits of ₹22,959.29 lakh and ₹23,943.00 lakh respectively. The board approved a ₹1 per share dividend and reappointed key executives along with internal and cost auditors for FY 2025-26. The company allotted 1,79,800 equity shares under ESOP, slightly increasing paid-up capital. Investments in Spaceman Spirits Lab and Round the Cocktails Private Limited signal expansion in craft and ready-to-pour beverages. A legal dispute over brand ownership continues, but brand use remains uninterrupted. Statutory auditors issued repeated qualified opinions on impairment assessment of the idle ENA plant. Income tax reassessments concluded with no significant demand and some refunds. The company demonstrates steady growth, strategic expansion, and sound financial discipline.

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