Tilaknagar Industries Gears Up for Sixfold Capacity Boost 🚀

Big news from the spirits sector! Tilaknagar Industries Limited (TI) is making a significant move to ramp up its production capabilities. The company announced that its wholly-owned subsidiary, Prag Distillery (P) Ltd, is set for a massive capacity expansion at its facility in Andhra Pradesh.

Currently, Prag Distillery boasts an existing bottling capacity of approximately 6 lakh cases per annum. But get this: the company plans to add an incremental capacity of about 30 lakh cases per annum! This means their total bottling capacity will soar to an impressive 36 lakh cases annually – that’s a sixfold increase! 📈

This ambitious expansion, which is expected to be completed within the next 12 months, comes with an investment of Rs. 25 crores. The good news is that this project will be funded through financial assistance from the Holding Company itself, ensuring a smooth path forward.

So, why the big push? The rationale is clear: Tilaknagar Industries aims to fulfill the growing capacity requirements in Andhra Pradesh, signaling strong demand for their products in the region. The Board of Directors gave their nod to this expansion on August 11, 2025, following the extension of the Letter of Intent (LOI) validity and a payment of Rs 33.04 crores towards LOI fees and accrued interest.

On the market front, Tilaknagar Industries’ stock (TI) was last traded at Rs 506, showing a slight dip of 2.5% before the market closed. This capacity expansion could be a key driver for future growth, positioning the company to capture a larger share of the market. Keep an eye on this one! 👀

source: Corporate Announcement

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