Tilaknagar Industries Limited
Think Investments bought 60 lakh shares of Tilaknagar Industries Limited for ₹270.09 Cr at ₹450.15 apiece, increasing its stake from 4.41% to 6.84% and crossing the 5% disclosure threshold.
A manufacturer and distributor of Indian Made Foreign Liquor, Tilaknagar Industries produces spirits and alcoholic beverages for the domestic market through its network of distilleries. The company maintains a diversified portfolio of branded spirits across multiple price segments and consumer categories. Its vertically integrated manufacturing operations, established distribution channels, and brand presence distinguish it within India's breweries and distilleries sector.
San Francisco-based investment firm founded in 2013 by Shashin Shah, with a Mumbai office. Manages over USD 3 bn across listed and private India investments, with portfolio exits including Swiggy, Urban Company and BlueStone. Shashin Shah previously worked at Valiant Capital, Blue Ridge Capital and Morgan Stanley.