StockWatch
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Breweries & Distilleries
Investment26 Jun 2026, 05:10 pm

Tilaknagar Industries Invests ₹2 Cr in Bartisans, Stake Rises to 41.45%

AI Summary

Tilaknagar Industries Ltd. announced a further investment of ₹2 Crores in Round the Cocktails Private Limited ('Bartisans') through the purchase of 1,569 Compulsory Convertible Preference Shares. This investment increases Tilaknagar Industries' shareholding in Bartisans to 41.45%. The transaction, which is at arm's length, aims to strengthen the partnership and capitalize on the growing cocktail culture in India. Bartisans, a 'ready to pour' beverage company, reported a turnover of ₹3.5 crores and net worth of ₹1.0 crore for the year ended March 31, 2026. The acquisition is expected to be completed by August 31, 2026.

Key Highlights

  • Tilaknagar Industries invests ₹2 Cr in Bartisans.
  • Shareholding in Bartisans increases to 41.45%.
  • Investment aims to strengthen partnership in cocktail culture.
  • Transaction is at arm's length.
  • Acquisition completion expected by August 31, 2026.