Tilaknagar Industries Limited — Updates, 29-07-2025: Press Release
29-07-2025 | 09:31 pm
29-07-2025 | 09:31 pm
Tilaknagar Industries has approved a preferential issue of securities (equity shares and warrants) to raise c. INR 2,296 crore. This significant capital raise, involving 44 investors including promoters and existing shareholders, will primarily fund the acquisition of the Imperial Blue business division and general corporate needs. Chairman and MD, Mr. Amit Dahanukar, is subscribing to c. INR 306 crore in warrants, demonstrating strong promoter confidence. This move, combined with planned debt, aims for an optimal financing mix for the acquisition, marking a key growth milestone.
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