24 Jul 2025

Tilaknagar Industries Shares Gain as Company Acquires Imperial Blue Whisky Brand for RS. 4150 Crore

Tilaknagar Industries is currently trading at RS. 477.95, up by 4.90 points or 1.04% from its previous closing of RS. 473.05 on the BSE.

The stock opened at RS. 480.65 and touched an intraday high of RS. 496.95 and a low of RS. 473.25. A total of 3,89,605 shares have been traded so far on the counter.

This BSE Group 'A' stock, with a face value of RS. 10, reached its 52-week high of RS. 496.95 on July 24, 2025, and a 52-week low of RS. 205.00 on April 7, 2025. In the last week, the stock has seen a high of RS. 496.95 and a low of RS. 389.00. The company’s current market capitalization stands at RS. 9282.71 crore.

The promoter holding in the company stands at 40.00%, while institutional investors and non-institutional investors hold 16.58% and 43.42%, respectively.

In a major development, Tilaknagar Industries (TI) has signed a definitive agreement to acquire the Imperial Blue (IB) business division from Pernod Ricard India through a slump sale. The deal is based on an enterprise value of 412.6 million euros (approximately RS. 4150 crore), subject to adjustments as per the Business Transfer Agreement. The consideration includes a deferred payment of 28 million euros (around RS. 282 crore), payable four years after the transaction's closure.

The acquisition includes the Imperial Blue brand, which sold 22.4 million 9-litre cases in the year ending March 2025 across India and other markets. It also covers two owned manufacturing units and services from co-manufacturing bottlers across the country. Imperial Blue is the third-largest whisky brand in India by volume, with a legacy of over 25 years. The business reported revenues of RS. 3067 crore for FY 2024-25.

This strategic acquisition marks the largest by an Indian company in the alcoholic beverages sector and accelerates TI’s entry into the whisky segment — the largest category in India’s IMFL (Indian Made Foreign Liquor) market. It significantly enhances TI’s national presence, giving it a combined volume of 34 million 9-litre cases (brandy and whisky) for FY 2024-25.

Tilaknagar Industries is a prominent liquor manufacturer with a strong presence in whisky, brandy, rum, vodka, and gin, especially in the southern and western parts of India.