Tilaknagar Industries Limited
Bandhan Mutual Fund decreased its stake in Tilaknagar Industries from 1.60% to 1.39%, selling 5,17,865 shares.
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.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.