Monitoring Agency Report for the quarter ended March 31, 2026

TI · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-0.7%1-day move

₹429.00

prior close

₹424.30

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.7-1.0-1.4-1.6-0.7-1.6+0.8+1.6+2.9+4.2+2.3+1.3+3.4—

Up moveDown movePending

AI summary

CRISIL Ratings Limited has submitted the monitoring agency report for Tilaknagar Industries' Rs 2,295.63 crore preferential issue completed in September 2025. The issue comprised equity shares (Rs 549.32 crore) and convertible warrants (Rs 1,746.31 crore). As of March 31, 2026, Rs 2,093.07 crore (91%) has been utilised towards the three stated objects: (1) Brand acquisition (Imperial Blue business from Pernod Ricard India) at Rs 1,296.78 crore out of Rs 1,300 crore, (2) Working capital at Rs 499.49 crore out of Rs 500 crore, and (3) General corporate purposes at Rs 296.80 crore out of Rs 495.63 crore. The Rs 202.56 crore balance is pending warrant conversion receivable by March 2027. No deviations from disclosed objects were observed.

Likely market impact

Shareholders can take comfort that 91% of the preferential issue proceeds have been deployed as planned, with the Imperial Blue acquisition already completed. The remaining Rs 202.56 crore from warrant conversions is expected by March 2027.