ALFA Filings
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Tilaknagar Industries completed the first tranche of its investment in Black Tiger Distilleries for ₹6.00 Crore, acquiring a 12.5% stake on a fully diluted basis.
Tilaknagar Industries issued a corrigendum correcting the reported net worth of Black Tiger Distilleries Private Limited, the entity in which it is investing.
Tilaknagar Industries will acquire a 30% stake in Black Tiger Distilleries for ₹22 Crore. The investment in the tequila and agave spirits producer will be completed in two tranches.
Tilaknagar Industries approved the amalgamation of wholly owned subsidiaries Punjabexpo Breweries and Vahni Distilleries. The merger aims to consolidate operations, reduce overheads, and improve organizational efficiency.