Tilaknagar Industries to Incorporate Nigeria Subsidiary

Tilaknagar Industries Ltd has announced the incorporation of a wholly-owned subsidiary in Nigeria, pending regulatory approvals. The Board, in its meeting on May 29, 2026, approved the audited financial results for FY26, recommended a dividend of ₹1 per share, and approved the re-appointment and remuneration of key managerial personnel. Additionally, the board approved the amalgamation of Punjabexpo Breweries Private Limited and Vahni Distilleries Private Limited with Tilaknagar Industries Limited and the allotment of 303,050 equity shares under ESOP schemes.