Tilaknagar Industries: Star investor Madhusudan Kela picks 34 lakh shares in Mansion House maker

Tilaknagar Industries Ltd (TI), leading producer of premium brandies, has allotted 34 lakh shares to Singularity Equity Fund, the investment vehicle backed by star investor Madhusudan Kela. These shares were issued to warrant holders upon conversion, the company said in a filing. This move strengthens the company’s capital base at a time when the company […]

Tilaknagar to increase RS 2,296 crore via a preferred problem for Imperial Blue Buy

Tilaknagar Industries said that his administration has approved a preference of securities (shares and warrants) worth RS 2,296 Crore to finance its recent acquisition of imperial blue whiskey by Pernod Ricard. The issue price will be RS382 per security and 44 investors participate in this issue, including promoters and existing investors. On Tuesday, the share […]