Tilaknagar Industries Limited — Board Meeting, 23-07-2025: Outcome of Board Meeting

Tilaknagar Industries' board approved a major strategic move! The company is set to acquire Pernod Ricard India's Imperial Blue liquor brands business for approximately **₹4,150 Cr**. This deal aims to significantly expand TI's reach into the whiskey market and strengthen its pan-India presence.

To fund this expansion and future growth, the board also approved raising up to **₹6,500 Cr** through a mix of equity (₹2,500 Cr) and debt (₹4,000 Cr). Additionally, borrowing limits were increased to **₹5,000 Cr** and investment limits to **₹500 Cr**. These actions will require shareholder approval via postal ballot. #TIL #Acquisition #Fundraising