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  1. Tilaknagar Industries shares soar over 5% on this development; all you need to know

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Tilaknagar Industries shares soar over 5% on this development; all you need to know

Upstox

2 min read | Updated on November 20, 2025, 14:00 IST

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SUMMARY

The expansion comes on the heels of CCI clearing Tilaknagar Industries’ proposal to acquire the Imperial Blue whisky business from the Indian arm of French liquor giant Pernod Ricard for ₹4,150 crore.

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Tilaknagar Industries shares

Tilaknagar Industries has a total market capitalisation of ₹10,471.10 crore, as of November 20, 2025, according to data on the NSE. | Image: Shutterstock

Tilaknagar Industries share price: Shares of Tilaknagar Industries Ltd (TIL) surged as much as 5.53% to an intra-day high of ₹514.95 apiece on the National Stock Exchange (NSE) on Thursday, November 20.
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At around 1:54 pm, the stock was trading 3% higher at ₹502.60 per equity share, on the back of its foray into the premium whiskey category with the launch of “Seven Islands Pure Malt Whisky”.

The scrip gained more than 4% over the past five days and nearly 3% over the month. It has advanced above 43% in the last six months. On a year-to-date basis, it has increased by over 19%.

Commenting on the expansion, Amit Dahanukar, Chairman and Managing Director of TIL, said: “India’s whisky story is evolving faster than ever, with growing consumer demand for premium and luxury expressions. Seven Islands marks TIL’s entry into this dynamic category, bringing together Indian craftsmanship and global expertise to create a whisky that is both distinctly Indian and globally competitive.”

Whisky accounted for about 66% of India’s total consumption in 2025, according to IWSR. Furthermore, Indian whisky grew 7% YoY in H1 2025, crossing 130 million cases and showing continued premiumisation. Whisky exports have expanded as well, the company added.

“With whisky commanding over 60% of India’s spirits market, expanding into this category was the next natural step for us,” Dahanukar stated.

CCI approves TIL’s proposal to acquire Pernod Ricard's Imperial Blue business

The expansion comes on the heels of CCI clearing the home-grown alcoholic beverage maker’s proposal to acquire the Imperial Blue whisky business from the Indian arm of French liquor giant Pernod Ricard for ₹4,150 crore on October 7.

In July, TIL had said that it would acquire the Imperial Blue whisky business from the Indian arm of Pernod Ricard at an enterprise value of 412.6 million euros (or ₹4,150 crore).

Both parties, TIL and Pernod Ricard, entered into a definitive agreement for the transaction related to the sale of the Imperial Blue division (IB).

TIL has a total market capitalisation of ₹10,471.10 crore, as of November 20, 2025, according to data on the NSE.

With inputs from PTI
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