Tilaknagar Industries Ltd
NSE: TI BSE: 507205
₹548.70
+2.65 (0.49%)
Fri, 23 Oct 2026, 06:36 am
Market Cap (in Cr)13427.39
PE Ratio0
Dividend0.18
Consumer Non-Durables
Beverages: Alcoholic
24.5KTilaknagar Industries Ltd Company History
1967
- The Company was Incorporated as Maharashtra Radio & Electronics Ltd.
1974
- The company ceased to be a subsidiary of MSM.
1975
- The Company undertook to set up a chemical division.
- The Company undertook the modernisation of the distillery plant.
- The Government permitted the company to manufacture 250 tonnes per annum of diethyl oxalate.
1979
- 50,530 shares were issued to Maharasthra Sugar Mills Ltd.
1981
- 63,320 shares were issued to the public.
1982
- Profits declined due to increase in costs.
- The Company concluded an arrangement with a Nagpur distillery for bottling.
1983
- The margins were adversely affected due to difficult market conditions.
- The performance of the potable liquor division was not satisfactory.
- The Company launched 'MANSION HOUSE' range of whisky, brandy and gin.
1984
- The distillery division suffered a setback with production and sales declining.
1985
- Production of the country liquor was lower.
1986
- Production of country liquor declined.
- The distillery division suffered a further set back.
- The oxalic acid plant remained inoperative for most part of the year.
- The Company concluded three more bottling arrangements.
1987
- Turnover of the potable liquor division increased.
- The profitability of the division was adversely affected.
- The operations of the distillery division were adversely affected.
- The performance of the chemical division was not satisfactory.
- The Company concluded an external bottling arrangement with Ravier Distilleries Ltd.
- 2,75,000 bonus shares were issued in prop. 1:1.
1988
- Operations of the chemicals division became uneconomical.
- The company took over the glass bottle manufacturing plant from Maharashtra Sugar Mills Ltd.
1989
- A new brand of whisky 'RED STRIPE WHISKY' was introduced.
- The performance of the glass division was satisfactory.
- 2,75,000 rights equity shares were allotted for cash at par in prop. 1:2.
1991
- Sales turnover declined due to total suspension of production in the glass unit.
- A Bio-Methanisation plant for primary treatment and disposal of distillery effluent was being installed.
- The Company reached an understanding with Altair, France, for manufacture of `Courier Brandy' in their distillery.
1992
- The Company gave its glass bottle manufacturing unit on lease to Ramnath Glass Containers Pvt. Ltd. for 10 years.
2005
- Tilak Nagar Industries Ltd issued rights in the ratio of 1:2.
2009
- Tilaknagar Industries gave a bonus in the ratio of 2:1.
- The Registered Office of the Company was shifted from 3rd Floor, Industrial Assurance Building, Churchgate, Mumbai to P.O. Tilaknagar, Tal. Shrirampur, Dist. Ahmednagar, Maharashtra.
2010
- Tilaknagar Industries gave a bonus in the ratio of 2:1.
2011
- Tilaknagar Industries Ltd. won a trademark battle in Bombay High Court.
- Tilaknagar Industries Ltd. announced the appointment of Mr. Laxmi Narasimhan as Deputy Managing Director.
2012
- Hockey Stars endorsed Mansion House.
- Tilaknagar Industries Ltd. was awarded the Gold shield by ICAI for Excellence in Financial Reporting.
- Tilaknagar Industries launched Seven Islands Vintage - Single Malt Scotch Whisky in London.
2013
- Tilaknagar Industries Ltd. won the Prestigious CSD Award.
- Tilaknagar Industries Ltd. decided to divest its stake in its subsidiary - Shivprabha Sugars.
2014
- Tilaknagar Industries acquired IFB Agros IMFL business.
- Tilaknagar Industries appointed Mr. Vijay K Rekhi as Chairman and Mr. Ratneshwar Prasad as member of the Company's board of advisors
- Tilaknagar Industries decided to divest its stake in its subsidiary - Shivprabha Sugars.
2015
- Tilaknagar Industries inked MoU with Three Stills Company.
2022
- Tilaknagar Industries launched a premium variant of Mansion House Brandy.
- Tilaknagar Industries launched flavoured brandy range.
- Tilaknagar Industries launched India's First Premium Flavoured Brandy.
- Tilaknagar Industries launched Mansion House French Style flavored brandy.
2023
- NCLT Mumbai approved the Scheme of Amalgamation of Kesarval Springs Distillers Private Limited, Mykingdom Ventures Private Limited, Srirampur Grains Private Limited and Studd Projects Private Limited with and into Tilaknagar Industries Limited.
