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Tilaknagar Industries Limited ( (IN:TI) ) has shared an announcement.
Tilaknagar Industries’ promoter group, led by Amit Dahanukar, has disclosed the creation of a non-disposal undertaking over a portion of shares held by promoter Shivani Amit Dahanukar in favour of Catalyst Trusteeship Limited, acting as common security trustee for lenders ICICI Bank and Kotak Mahindra Bank. Under a financing-related undertaking signed on December 22, 2025, Amit Dahanukar and related promoter entities have committed to maintaining at least a 26% fully diluted shareholding in the company, restricting further encumbrances on their shares except for acquisition financing, and ensuring Dahanukar retains board position and control, with any breach triggering mandatory prepayment and an event of default on the company’s facility. These covenants effectively lock in promoter control and a minimum ownership level, providing lenders with enhanced security while signaling continuity of management and stability in the company’s governance structure for other stakeholders.
More about Tilaknagar Industries Limited
Tilaknagar Industries Limited is an Indian alcoholic beverages company whose shares are listed on the National Stock Exchange of India and BSE. The company is backed by a promoter group led by chairman and managing director Amit Dahanukar, which collectively holds a significant stake and maintains controlling interest through concentrated shareholding and related promoter entities.
Average Trading Volume: 85,031
Technical Sentiment Signal: Buy
Current Market Cap: 95.19B INR
See more insights into TI stock on TipRanks’ Stock Analysis page.