Tilaknagar Industries

Shares of liquor companies such as Globus Spirits, Radico Khaitan, G.M.Breweries, Tilaknagar Industries, Pincon Spirit, United Spirits and United Breweries rallied between 3.5 and 12 per cent each after Patna High Court said that Bihar government's prohibition policy is illegal.

The company made the provision of Rs 47 crore in Q4 after its auditors raised doubt on the recoverability of debts worth Rs 46.3 crore.

Shares of liquor companies such as United Spirits, United Breweries, Tilaknagar Industries, Jagatjit Industries, Empee Distilleries and Pincon Spirit fell 0.5-2.5 per cent, after the Supreme Court upheld Kerala's policy to go "dry" in 10 years.

Tilaknagar Industries is in final rounds of talks with Allied Blenders and Distillers to sell its controlling stake. Kishore Chhabria and CMD of Tilaknagar Industries are slated to meet in London today.

The company is looking to raise Rs 200-Rs 300 crore from selling surplus land in Shrirampur, Maharashtra and some bottling units, added Mr Dahanukar.

Liquor manufacturer Tilaknagar Industries plans to more than double its capacity here to 6 million cases in the next 6-8 months to cater to the domestic demand and exports, a senior company official said.

The Nifty opened higher on Friday tracking higher global markets. Nifty futures traded on Singapore Stock Exchange also indicate towards an opening above 7,900. Foreign investors continue to be net buyers of Indian equities for the seventh straight session. FIIs bought cash shares worth Rs 413 crore on Thursday and domestic investors were net buyer...

Allied Blenders & Distillers (ABD), the largest domestic liquor maker, on Thursday acquired 50 per cent ownership rights in the Dutch liquor major Herman Jansen's Mansion House brandy and Savoy Club whiskey and gin with full control over production and marketing.

Largest domestic liquor maker Allied Blenders & Distillers (ABD), promoted by Kishore Chhabria of the Shaw Wallace fame, will be entering the premium whisky market by December.

Allied Blenders & Distillers (ABD), which owns the largest selling mass-whisky Officer's Choice, will divest an up to 12 per cent of its stake to two overseas PE players - TPG and Carlyle Capital - for about $250 million (Rs 1,500 crore at 1 dollar = 60 rupees) to fund its expansion and growth through buyouts.

Stock market seems to have its own favourites when it comes to betting on the polls-related consumption boom this election season.

The biggest global alcohol companies are sizing up buyout and tie-up opportunities in China, India, South Korea and Vietnam, keen to profit from a $258 billion Asian market that is growing twice as fast as the rest of the world.

Tilaknagar Industries Ltd has informed BSE that the Compensation Committee of the Board of Directors has in its meeting held on August 01, 2011 approved the grant of 512,000 stock options to various eligible employees under the Employees Stock Option Scheme - 2010 on the following terms and conditions: 1. each option is convertible into one equity ...

Tilaknagar Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 01, 2011, inter alia, has approved the allotment of 89,510 equity shares to option grantees under ESOP Scheme, 2008 pursuant to exercise of vested stock options.

Tilaknagar Industries Ltd has informed BSE that the Government of Maharashtra vide its letter dated D.O. No. HPC-1008/C.R.123/Ind-8 has decided to confer the status of "Mega Project" to the new manufacturing facilities which, inter-alia, includes 50 KLPD molasses based distillation plant and 100KLPD grain based distillation plant alongwith ...

Shares of liquor companies such as Globus Spirits, Radico Khaitan, G.M.Breweries, Tilaknagar Industries, Pincon Spirit, United Spirits and United Breweries rallied between 3.5 and 12 per cent each after Patna High Court said that Bihar government's prohibition policy is illegal.

The company made the provision of Rs 47 crore in Q4 after its auditors raised doubt on the recoverability of debts worth Rs 46.3 crore.

Shares of liquor companies such as United Spirits, United Breweries, Tilaknagar Industries, Jagatjit Industries, Empee Distilleries and Pincon Spirit fell 0.5-2.5 per cent, after the Supreme Court upheld Kerala's policy to go "dry" in 10 years.

Tilaknagar Industries is in final rounds of talks with Allied Blenders and Distillers to sell its controlling stake. Kishore Chhabria and CMD of Tilaknagar Industries are slated to meet in London today.

The company is looking to raise Rs 200-Rs 300 crore from selling surplus land in Shrirampur, Maharashtra and some bottling units, added Mr Dahanukar.

Liquor manufacturer Tilaknagar Industries plans to more than double its capacity here to 6 million cases in the next 6-8 months to cater to the domestic demand and exports, a senior company official said.

The Nifty opened higher on Friday tracking higher global markets. Nifty futures traded on Singapore Stock Exchange also indicate towards an opening above 7,900. Foreign investors continue to be net buyers of Indian equities for the seventh straight session. FIIs bought cash shares worth Rs 413 crore on Thursday and domestic investors were net buyer...

Allied Blenders & Distillers (ABD), the largest domestic liquor maker, on Thursday acquired 50 per cent ownership rights in the Dutch liquor major Herman Jansen's Mansion House brandy and Savoy Club whiskey and gin with full control over production and marketing.

Largest domestic liquor maker Allied Blenders & Distillers (ABD), promoted by Kishore Chhabria of the Shaw Wallace fame, will be entering the premium whisky market by December.

Allied Blenders & Distillers (ABD), which owns the largest selling mass-whisky Officer's Choice, will divest an up to 12 per cent of its stake to two overseas PE players - TPG and Carlyle Capital - for about $250 million (Rs 1,500 crore at 1 dollar = 60 rupees) to fund its expansion and growth through buyouts.

Stock market seems to have its own favourites when it comes to betting on the polls-related consumption boom this election season.

The biggest global alcohol companies are sizing up buyout and tie-up opportunities in China, India, South Korea and Vietnam, keen to profit from a $258 billion Asian market that is growing twice as fast as the rest of the world.

Tilaknagar Industries Ltd has informed BSE that the Compensation Committee of the Board of Directors has in its meeting held on August 01, 2011 approved the grant of 512,000 stock options to various eligible employees under the Employees Stock Option Scheme - 2010 on the following terms and conditions: 1. each option is convertible into one equity ...

Tilaknagar Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 01, 2011, inter alia, has approved the allotment of 89,510 equity shares to option grantees under ESOP Scheme, 2008 pursuant to exercise of vested stock options.

Tilaknagar Industries Ltd has informed BSE that the Government of Maharashtra vide its letter dated D.O. No. HPC-1008/C.R.123/Ind-8 has decided to confer the status of "Mega Project" to the new manufacturing facilities which, inter-alia, includes 50 KLPD molasses based distillation plant and 100KLPD grain based distillation plant alongwith ...