Tilaknagar Industries Limited — Others, 14-05-2025: Change in Management

Tilaknagar Industries Ltd. has announced a board meeting approving the financial results for the quarter and half-year ended March 31, 2025, reporting consolidated revenue of Rs. 3,174.61 Cr and net profit of Rs. 229.59 Cr for the year. A dividend of Rs. 1 per share was proposed. Key management personnel were reappointed, and internal and cost auditors renewed for FY 2025-26. The company allotted 1,79,800 shares under ESOPs, increasing paid-up equity capital to Rs. 193.81 Cr. Statutory auditors issued qualified opinions due to no impairment assessment on a non-operational plant, expected to restart post-capex. The company maintains investments in craft spirit and RTD beverage startups and is defending a brand dispute currently under appeal. Income tax reassessments for AY 2016-17 to AY 2024-25 were completed without significant demand, with refunds received.