Tilaknagar Industries Limited has informed the Exchange regarding a press release dated May 14, 2026, titled "Tilaknagar Industries Subsidiary Prag Distillery Gets Government Nod to Commence Production at the Expanded Capacity in Andhra Pradesh".
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Tilaknagar Industries' wholly-owned subsidiary Prag Distillery has received Andhra Pradesh Government approval to start production at its expanded facility. Bottling capacity will increase six-fold from 6 lakh to 36 lakh cases per annum. The company invested INR 59 crore in this expansion, including ~INR 34 crore in license fees and interest. The expanded facility will meet nearly 50% of TI's volume requirements in Andhra Pradesh, a market growing at 15% annually and valued at 40 million cases in FY26. TI is already the largest player in the Prestige & Above segment in the state, led by brands like Mansion House, Imperial Blue Whisky, and Courrier Napoleon Brandy.
The six-fold capacity expansion should drive meaningful cost efficiencies and improved margins, strengthening TI's supply security and market leadership in one of India's fastest-growing IMFL states.