Tilaknagar Industries Ltd on Monday said it has completed the acquisition of Imperial Blue business division from Pernod Ricard India (PRI), a step-down unit of the French spirits major, via a slump sale for a lump sum consideration of Rs 3,442 crore. The lump sum consideration paid to PRI is subject to post-closing adjustments in accordance with the terms and conditions set out in the Business Transfer Agreement, according to a statement issued by Tilaknagar Industries Ltd (TIL), which owns brands such as Mansion House Brandy, Courrier Napoleon Brandy, Mansion House Gold Whisky and Blue Lagoon Gin. "In addition to this amount, a deferred payment of 28 million will be made after four years from the date of closure of the transaction," it said. Fair trade regulator Competition Commission of India (CCI) had already approved this transaction on October 7, 2025. This acquisition will make TIL among the leading players in the fast-growing Indian whisky market, which is witnessing ...
Around 1:10 PM, Tilaknagar Industries shares were trading 3.49 per cent higher at ₹504.95 per share. In comparison, BSE Sensex was trading 0.46 per cent higher at 85,574.36 levels.
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Tilaknagar Industries share price rose on the back of strong June quarter of financial year results (Q1FY26).
Tilaknagar Industries shares hit a life-high after it announced the acquisition of Imperial Blue business division
The consideration includes a deferred payment of 28 million euro (approximately ₹282 crore as on date), to be paid four years after the closure of the transaction
Shares of Tilaknagar Industries, which sells Mansion House brandy, surged 7% to ₹449.45 in Tuesday's intra-day, and were trading close to its record high level of ₹457.30 touched on January 3, 2025.
Tilaknagar Industries stock zoomed 10% on Monday after the company said its board of directors will meet on Wednesday, July 23, 2025, to consider a fund raising plan.
The companies are looking to raise around $500 million each and have reached out to private credit funds to back their acquisition
Over the past five years, Imperial Blue has experienced a slow decline in overall sales volumes, with a 4 per cent drop recorded during that period