Tilaknagar Ind stock swells on likely merger with ABD

Tilaknagar Industries up 9% Liquor baron Kishore Chhabria's Allied Blenders & Distillers (ABD) is discussing a merger deal with rival Tilaknagar Industries, makers of mansion House brandy, in what could be the biggest consolidation move in Indian Liquor Industry, report CNBC-TV18.

April 12, 2013 / 17:02 IST

26 Aug, 2025 12:21

Volume

Todays L/H

Tilaknagar Industries rose 9% on news that liquor baron Kishore Chhabria's Allied Blenders & Distillers (ABD) is discussing a merger deal with rival Tilaknagar Industries, makers of Mansion House brandy. The proposed deal could be the biggest consolidation move in Indian liquor industry, report CNBC-TV18.

The privately held ABD, India's third largest distiller, and the listed Tilaknagar have talked about a stock swap cum cash deal to create a combined entity valued at USD 1 billion.

At 12:39 hrs Berger Paints India was quoting at Rs 192.10, down Rs 2.75, or 1.41 percent. It has touched an intraday high of Rs 194.90 and an intraday low of Rs 188.35. It was trading with volumes of 18,709 shares

In the previous trading session, the share closed up 0.61 percent or Rs 0.35 at Rs 57.50.

Current market capitalisation of Tilaknagar Industries stands at Rs 763.58 crore.

The share touched its 52-week high Rs 86.95 and 52-week low Rs 46.20 on 04 January, 2013 and 29 August, 2012, respectively.

first published: Apr 12, 2013 12:18 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

Al Edge Newsletter On Saturdays

Find the best of Al News in one place, specially curated for you every weekend.
MC Tech 3 Newsletter Daily-Weekdays

Stay on top of the latest tech trends and biggest startup news.