Intimation for execution of Lease Agreement and Manufacturing Agreement with Tilak Nagar Industries for bottling their Indian Made Foreign Liquor (IMFL) brands.
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Shri Gang Industries has signed a Lease Agreement and a Manufacturing Agreement with Tilaknagar Industries Limited (TIL) on March 12, 2026. Under the deal, Shri Gang will bottle TIL's Indian Made Foreign Liquor (IMFL) brands at its plant in Sandila, Hardoi district, Uttar Pradesh. The agreement runs for five years, from April 1, 2026 to March 31, 2031. The two companies are not related parties, and there is no cross-shareholding involved. The move is aimed at expanding Shri Gang's business by using its existing plant capacity for contract bottling of a well-known liquor brand owner.
This is a new contract bottling arrangement that could add a steady revenue stream for Shri Gang over the next five years, though the financial value of the deal has not been disclosed. Investors should watch for further updates on the revenue contribution and plant utilisation from this tie-up.