About Tilaknagar Industries Ltd 
Tilaknagar Industries Ltd
Small Cap
Beverages
Tilaknagar Industries Limited (the Erstwhile The Maharashtra Sugar Mills Limited (MSM)) is a recognized player in the alcoholic-beverages industry with an outstanding collection of brands. It has built a leading portfolio of brands across IMFL segment including Whisky, Brandy, Rum, Gin and Vodka. Company has some of the best performing and most trusted brands in South India and CSD stores and also has presence across regions like South-East Asia, African countries, Middle East and Europe.
Company Coordinates 
Company Details
P O Tilaknagar, Tal Shrirampur Ahmednagar Maharashtra : 413720
Registrar Details
Bigshare Services Pvt Ltd , E-2 , Ansa Industrial Estate, Saki Vihar Road, Saki Naka, Andheri (E), Mumbai
Capital Structure 
Present Equity Capital
INR 192.96 Cr
Number of Shares
19.3 Cr
Face Value
INR 10.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
12-Aug-2024
19.3
192.96
151320
10
Issued under ESOP Scheme
21-May-2024
19.28
192.81
74701
10
Issued under ESOP Scheme
12-Feb-2024
19.27
192.73
351251
10
Issued under ESOP Scheme
02-Nov-2023
19.24
192.38
651628
10
Issued under ESOP Scheme
08-Aug-2023
19.17
191.73
261025
10
Issued under ESOP Scheme
16-Jun-2023
19.15
191.47
1792453
10
Conversion of Warrants
20-May-2023
18.97
189.67
4333997
10
Conversion of Warrants
07-Feb-2023
18.53
185.34
103079
10
Issued under ESOP Scheme
03-Jan-2023
18.52
185.24
3402777
10
Conversion of Warrants
16-Dec-2022
18.18
181.83
10526315
10
Preferential basis
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Non Institution
Pledged Promoter Holdings
81.5926
Mutual Funds
Held by 15 Schemes (4.23%)
FIIs
Held by 92 FIIs (18.43%)
Promoter with highest holding
Shivani Amit Dahanukar (13.41%)
Highest Public shareholder
Axana States Llp (3.99%)
Individual Investors Holdings
22.72%
Management
Designation
Remuneration
Amit Dahanukar
Chairman & Managing Director
58.85 lacs
SHIVANI AMIT DAHANUKAR
Executive Director
3.35 lacs
Ravindra Bapat
Independent Director
75.0 k
C V Bijlani
Independent Director
7.6 lacs
Kishorekumar Ganpatrao Mhatre
Independent Director
6.75 lacs
Dilawar Singh
Independent Director
5.25 lacs
Satish Chand Mathur
Independent Director
3.35 lacs
Aparna Praveen Chaturvedi
Independent Director
3.75 lacs
Chemangala Ramachar Ramesh
Whole-time Director
31.05 lacs
Swapna Vinodchandra Shah
Director
23.25 lacs
Dipti Todkar
Company Sec. & Compli. Officer
0
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Royalty
1.28
0.16%
Royalty
Royalty
Revenue and Profits:
Net Sales:
398 Cr
(Quarterly Results - Sep 2025)
Net Profit:
53 Cr
Beverages
INR 11,159 Cr (Small Cap)
41.00
68
0.17%
-0.54
13.68%
5.60






