Tilaknagar Industries

Entity type image
Type: Company
Name: Tilaknagar Industries
First reported Jun 03 2013 - Updated Jun 04 2013 - 7 reports

Tilaknagar Industries inks manufacturing and bottling agreement with Mohan Breweries

India-based Tilaknagar Industries (TI) has signed an agreement with Mohan Breweries and Distilleries to manufacture and bottle its brandy brands for the Tamil Nadu market. ... [Published Packaging Business Review - Jun 04 2013]
First reported Jun 03 2013 - Updated Jun 03 2013 - 3 reports

Tilaknagar Industries to divest its stake in Shivprabha Sugars

Tilaknagar Industries Ltd. has announced divestment of its stake in its subsidiary - Shivprabha Sugars. The Board of Directors of the company approved the sale at its meeting held on May 30, 2013.Shivprabha Sugars was acquired by the company in March ... [Published Equity Bulls - Jun 03 2013]
First reported Jun 03 2013 - Updated Jun 03 2013 - 1 reports

Tilaknagar Industries divests stake in Shivprabha Sugars

Tilaknagar Industries has divested its stake in its subsidiary Shivprabha Sugars. The company's board gave approval for the same at its meeting held on May 30, 2013. Shivprabha Sugars was acquired by Tilaknagar Industries in March 2012, with the strategic ... [Published Indian-Commodity - Jun 03 2013]
First reported Jun 01 2013 - Updated Jun 01 2013 - 1 reports

Tilaknagar Industries net profit up 4%

The company has announced that the Board of Directors of the Company at its meeting held on May 30, 2013, has recommended a final dividend of Rs. 0.80 per equity share of Rs. 10/- each for the financial year 2012-13 which shall be paid on or before September ... [Published India Infoline - Jun 01 2013]
First reported May 31 2013 - Updated May 31 2013 - 2 reports

Tilaknagar Industries rises on plan to sell 90% stake in Shivprabha Sugars

Tilaknagar Industries is currently trading at Rs 60.90, up by 0.50 points or 0.83% from its previous closing of Rs 60.40 on the BSE.The scrip opened at Rs 60.95 and has touched a high and low of Rs 62.30 and Rs 60.40 respectively. So far 21910 shares ... [Published Arihant Capital - May 31 2013]
First reported May 30 2013 - Updated May 30 2013 - 1 reports

Tilaknagar Industries board recommends final dividend of 8%

Tilaknagar Industries announced on Thursday that the board has recommended final dividend of 8% or Rs 0.80 a share for the year 2012-13.The declaration and payment of dividend is subject to approval of shareholders at the ensuing Annual General Meeting ... [Published MyIris - May 30 2013]
First reported May 28 2013 - Updated May 28 2013 - 1 reports

For liquor firms, the mass-end is passe

Experts say that though other players may not take that drastic a step of completely hiving off the business they are continuously defocusing.Tipplers have made their choice clear – It’s either country liquor or the slightly high-end stuff. There are ... [Published DNA India - May 28 2013]
First reported May 28 2013 - Updated May 28 2013 - 1 reports

Investment tip: Bet on liquor stocks for steady returns

Home/Archive /Money Today /Stocks /June 2013 /StoryIn High SpiritsLiquor stocks have been falling for the last few months, but one can expect steady returns this year as wellTags: liquor manufacturers | stocks of liquor companies | united breweries ... [Published Business Today India - May 28 2013]
First reported Jan 28 2013 - Updated Jan 28 2013 - 1 reports

Happy hour in Asia as global booze makers eye deals

Source : Reuters By Nandita Bose (Reuters) – The biggest global alcohol companies are sizing up buyout and tie-up opportunities in China, India, South Korea and Vietnam, keen to profit from a $258 billion Asian market that is growing twice as fast ... [Published Infoseekchina - Jan 28 2013]

Quotes

Commenting on this development, Amit Dahanukar, chairman and managing director of Tilaknagar Industries, said, "This traction illustrates TI's commitment to strengthen its core business foundation, whilst aiming for higher growth. TI retains the rightright of first refusal in molasses produced as and when this plant becomes operational."
Commenting on this development, Amit Dahanukar, chairman and managing director of TI, said, "Given TI's distinctive knowhow, proven business strategies and experience, we are confident of creating a winning combination with MBDL to unclock the potential in the region. We are optimistic that this association will serve as an additional vehicle for growth for TI and MBDL in the future."
Commenting on this development, Amit Dahanukar, Chairman and Managing Director of Tl said, "I am pleased to announce this agreement between Tl and MBDL, which demonstrates our commitment to sustainably add value to our business. This is a truly exciting opportunity that will help us enhance our exposure to high growth markets such as Tamil Nadu. Given Tl's distinctive knowhow, proven business strategies and experience, we are confident of creating a winning combination with MBDL to unlock the potential in the region. We are optimistic that this association will serve as an additional vehicle for growth, for Tl and MBDL, in the future."
Big liquor companies are richly valued, the reason being fast growth and complex regulations that make entry into the business difficult for others. "The sector will continue to command a premium for at least the next few years. Investors should avoid companies with high debt, weak cash flow and low operating margins" says Vikram Dhawan, director, Equentis Capital

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All (18) | News (17) | Reports (0) | Blogs (1) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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Tilaknagar Industries inks manufacturing and bo... [Published Packaging Business Review - Jun 04 2013]
Tilaknagar Industries signs Trademark Assignmen... [Published Equity Bulls - Jun 03 2013]
Tilaknagar Industries to divest its stake in Sh... [Published Equity Bulls - Jun 03 2013]
Maharashtra firm ties up with Mohan Breweries t... [Published Hindu Business Line - Jun 03 2013]
Tilaknagar Industries sells subsidiary Shivprab... [Published VC Circle - Jun 03 2013]
Tilaknagar Inds to divest stake in Shivprabha S... [Published MyIris - Jun 03 2013]
Tilaknagar Industries divests stake in Shivprab... [Published Indian-Commodity - Jun 03 2013]
Tilaknagar Industries enters into agreement wit... [Published Indian-Commodity - Jun 03 2013]
Tilaknagar Inds in trademark assignment pact wi... [Published MyIris - Jun 03 2013]
Tilaknagar Inds signs trademark assignment agre... [Published India Infoline - Jun 03 2013]
Tilaknagar Industries to divest its stake in it... [Published India Infoline - Jun 03 2013]
Tilaknagar Industries net profit up 4% [Published India Infoline - Jun 01 2013]
Tilaknagar Industries rises on plan to sell 90%... [Published Arihant Capital - May 31 2013]
Tilaknagar Industries to sell 90% stake in Shiv... [Published Indian-Commodity - May 31 2013]
Tilaknagar Industries board recommends final di... [Published MyIris - May 30 2013]
For liquor firms, the mass-end is passe [Published DNA India - May 28 2013]
Investment tip: Bet on liquor stocks for steady... [Published Business Today India - May 28 2013]
Happy hour in Asia as global booze makers eye d... [Published Infoseekchina - Jan 28 2013]
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Happy hour in Asia as global booze makers eye d... [Published Infoseekchina - Jan 28 2013]
Source : Reuters By Nandita Bose (Reuters) – The biggest global alcohol companies are sizing up buyout and tie-up opportunities in China, India, South Korea and Vietnam, keen to profit from a $258 billion Asian market that is growing twice as fast ...
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