Private Equity Other Private Equity/Strategic Investments
Alcobev player Tilaknagar Industries invests Rs.22-Cr in Black Tiger Distilleries
Source Black Tiger Distilleries (opens in a new tab)Business Line (opens in a new tab)BSE Announcement (opens in a new tab)Press Release (opens in a new tab)
Mumbai-based publicly listed Tilaknagar Industries has made a strategic investment of INR 22 crore in fellow Mumbai-based Black Tiger Distilleries (BTD) to acquire a 30% stake in the company on a fully diluted basis. The transaction will be completed in two tranches, with an upfront payment of INR 6 crore followed by INR 16 crore within 12 months. Tilaknagar Industries will also provide BTD with comprehensive operational support, including distribution, sales, marketing, supply chain, finance, and regulatory assistance.Founded in 2025 by Mohnish Mehta in partnership with Mexican producer Productos Finos de Agave and the Mansha Group of Companies, Black Tiger Distilleries currently offers Blanco, Reposado, and Anejo expressions.