Tilaknagar Industries to sell 90% stake in Shivprabha Sugars

31 May 2013 Evaluate

Tilaknagar Industries has received an approval for sale of 90% stake held by the company in its subsidiary company ‘Shivprabha Sugars’.  The board of directors at its meeting held on May 30, 2013 has approved for the same.

The board has also granted approval for entering into a Trademark Assignment Agreement with Mohan Breweries and Distilleries, Chennai (MBDL) for assignment of their trademarks viz. ‘Brigadier’s No. 1 Brandy’ and ‘Vorion No. 1 Indian Brandy’.

Tilaknagar Industries is one of the renowned Indian Made Foreign Liquor players including whisky, brandy, gin, rum and vodka with presence across India. The company manufactures markets and sells more than 40 brands across all price points.

Tilaknagar Inds Share Price

412.05 -7.05 (-1.68%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
United Spirits 1545.75
United Breweries 2027.15
Radico Khaitan 2483.85
Allied Blenders 386.90
Globus Spirits 880.45
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.