Tilaknagar Plans Fundraising Move

  Published 1 year ago

Tilaknagar Industries plans to raise funds via shares or hybrid instruments, pending board and shareholder approvals for execution.

  • Options include equity shares, debentures, preference shares, warrants, or FCCBs, depending on market and regulatory factors.
  • Fundraising could be through a public offer, rights issue, QIP, preferential issue, or private placement routes.
  • Postal ballot or EGM likely to seek shareholder nod; company focuses on expanding its alcoholic beverage business.

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