Story thread · 2 reports / 2 sources
Mansion House maker bets on tequila boom
economictimes.indiatimes.com · 13d
The maker of Mansion House is expanding beyond its traditional spirits portfolio, making its first foray into tequila as India’s premium alcohol market continues to broaden.Tilaknagar Industries Ltd (TI) is entering the tequila category through a strategic investment of ₹22 crore in Black Tiger Distilleries, the Indian spirits company behind Bodega Suprema No. 5. TI will acquire a 30% stake in the company on a fully diluted basis.The investment will be made in two tranches, with ₹6 crore to be invested initially and the remaining ₹16 crore within 12 months of the first tranche.Tilaknagar Industries shares were trading at ₹547.75 on the BSE around 12.10 pm on September 2, nearly flat at 0.28% from the previous close.The move marks TI’s third strategic investment in an emerging beverage company and its first entry into the tequila and agave spirits category.Also Read: Tilaknagar Industries open to another large deal after Imperial Blue buyout, chairman says“What excites us about Bodega S
First report: The World’s Best New Tequila—According To The 2026 San Francisco World Spirits Competition — forbes.com, 16d
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