Tilaknagar Industries is leading the race to acquire Pernod Ricard’s popular whisky brand, Imperial Blue, sources told CNBC-TV18. The deal is likely to value Imperial Blue at around ₹4,000 crore.The potential acquisition is expected to be funded through a combination of debt and equity.
Tilaknagar Industries’ board is scheduled to meet on July 23 to consider a fund-raising proposal.
As of the end of FY25, the company had cash reserves of approximately ₹107 crore.Both Tilaknagar Industries and Pernod Ricard have yet to respond to CNBC-TV18’s request for comment.
Tilaknagar Industries’ board is scheduled to meet on July 23 to consider a fund-raising proposal.
As of the end of FY25, the company had cash reserves of approximately ₹107 crore.Both Tilaknagar Industries and Pernod Ricard have yet to respond to CNBC-TV18’s request for comment.
Shares of Tilaknagar Industries surged 8% on Tuesday, touching a high of ₹453. The stock has gained over 20% in the past five trading sessions.
First Published: Jul 22, 2025 12:24 PM IS
