TIL completes first tranche of Black Tiger Distilleries investment

Strategic Transactions View source PDF Explain this filing

TI · price

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

Price reactionminutes from the announcement price · days from the prior close

+2.6%Reaction day

₹509.00

prior close

₹508.70

announcement price

After-mkt

timing

Nifty Microcap 250market-0.1%+2.7% vs market

Breweries & Distilleries peers, median of 24sector+0.3%+2.3% vs sector

On the reaction day the stock moved 2.7 pts more than Nifty Microcap 250 and 2.3 pts more than its Breweries & Distilleries peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

+0.5

15m

-0.1

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.6-0.1+2.7+0.3+2.3

Next day

+8.0+0.7+7.3+1.4+6.7

+12.1+2.3+9.8+0.3+11.8

+14.2+2.2+12.1+1.3+12.9

+12.6+2.6+10.0+1.0+11.7

+18.3+3.9+14.3+3.2+15.1

+14.0+2.7+11.3+1.6+12.4

15d

+8.0-1.2+9.2-3.6+11.6

+8.3-0.2+8.4-1.6+9.9

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UpDownMarket · Nifty Microcap 250Sector · Breweries & Distilleries peers, median of 24Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Tilaknagar Industries has completed the first tranche of its planned INR 22 crore investment in Black Tiger Distilleries Private Limited (BTD). TIL invested about INR 6 crores and received 14,628 CCPS and 100 equity shares, taking its stake to around 12.5 percent on a fully diluted basis. A second tranche is pending to reach the full 30 percent stake.

Likely market impact

Strategic investment in a private distillery; second tranche pending to reach 30 percent stake. Mildly positive for shareholders.