Tilaknagar Industries Ltd — Capital/Financing Update 2024

Sep 20, 2024

==> picture [111 x 83] intentionally omitted <==

September 20, 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 : Update on acquisition : Regulation 30 of the SEBI (Listing Obligations and - Disclosure Requirements) Regulations, 2015 Investment in Spaceman Spirits Lab Private Limited

Dear Sir/Madam,

We refer to our letter dated September 09, 2024 informing that Tilaknagar Industries Limited (“Company”) had entered into Share Subscription and Investment Agreement dated September 09, 2024 with Spaceman Spirits Lab Private Limited and its founders to invest Rs. 13.15 Crores (Rupees Thirteen Crores and Fifteen lakhs only) to be made across 3 tranches.

Further to the above, we wish to inform you that the first tranche of investment of Rs 3.99 crores has been completed today as per the terms and conditions of the abovementioned agreement between the parties.

The details for the above acquisition as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 have already been disclosed in the letter dated September 09, 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 YAZDI BAMBOAT BAMBOAT Date: 2024.09.20 17:43:04 +05'30'

Minuzeer Bamboat

Company Secretary & Compliance Officer

==> picture [452 x 65] intentionally omitted <==