Tilaknagar to raise Rs 2,296 crore via preferential issue for Imperial Blue buy

Tilaknagar to raise Rs 2,296 crore via preferential issue for Imperial Blue buy

Tilaknagar Industries said its board has approved a preferential issue of securities (equity shares and warrants) worth Rs 2,296 crore to fund its recent acquisition of Imperial Blue whiskey from Pernod Ricard. The issue price will be Rs382 per security and 44 investors are participating in this issue, including promoters and existing investors. On Tuesday, … Read more