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Tilaknagar Industries Ltd — Capital/Financing Update 2024
Oct 3, 2024
60357_rns_2024-10-03_21c97b69-2c33-4091-ab88-a7c80495ac2e.pdf
Capital/Financing Update
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October 03, 2024
To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400001 Scrip Code : 507205
To,
National Stock Exchange of India Limited Exchange Plaza, C-1, Block-G, Bandra-Kurla Complex, Bandra (East), Mumbai-400 051. Symbol : TI
Sub : Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure - Requirements) Regulations, 2015 Update on Investment in Round the Cocktails Private Limited (“Bartisans”)
Dear Sir/Madam,
This is with reference to our earlier intimation dated September 19, 2024 wherein it was informed that the Finance Committee of the Board of Directors at its Meeting held on that day, had approved an investment of Rs. 8.03 Crores (Rupees Eight Crores and three lakhs only) in Round the Cocktails Private Limited (“Bartisans”).
It is now informed that the Company has, today, completed the aforesaid investment in Bartisans of Rs 8.03 crores. In aggregate, the Company owns 36.17% of the share capital of Bartisans on a fully diluted basis.
The details for the above acquisition as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 have already been disclosed in the intimation dated September 19, 2024.
We request you to kindly take the above on your record. The above disclosure is available on the website of the Company www.tilind.com.
Thanking you,
Yours faithfully,
For Tilaknagar Industries Ltd.
MINUZEER Digitally signed by MINUZEER YAZDI BAMBOAT YAZDI BAMBOAT Date: 2024.10.03 19:10:43 +05'30'
Minuzeer Bamboat
Company Secretary and Compliance Officer
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