StockWatch
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Breweries & Distilleries
Board Meeting29 May 2026, 08:21 pm

Tilaknagar Industries Board Approves FY26 Results, ₹1 Dividend

AI Summary

Tilaknagar Industries' board approved the audited financial results for the year ended March 31, 2026, and recommended a dividend of ₹1 per equity share. The board also approved the re-appointment and remuneration of key managerial personnel, including Mr. Amit Dahanukar as Chairman & Managing Director, and the incorporation of a wholly-owned subsidiary in Nigeria. Additionally, the board approved the scheme of amalgamation of two wholly-owned subsidiaries and allotted 303,050 equity shares under ESOP schemes.

Key Highlights

  • Approved audited financial results (consolidated and standalone) for FY26.
  • Recommended a dividend of ₹1 per equity share (10%) for FY26.
  • Approved re-appointment of key managerial personnel.
  • Approved incorporation of a wholly-owned subsidiary in Nigeria.
  • Approved amalgamation of Punjabexpo Breweries and Vahni Distilleries with Tilaknagar Industries.