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Tilaknagar Industries marks turnaround led by debt-restructuring, positions company for long-term growth ANI | Updated: May 17, 2021 14:01 IST Mumbai (Maharashtra) [India], May 17 (ANI/NewsVoir): The Board of Tilaknagar Industries has approved allotment of 1.39 crore equity shares of Rs 10 each to Edelweiss Asset Reconstruction Company Limited (EARC) at an issue price of Rs 24.36 per share, including premium of Rs 14.36 per equity share. The said allotment of shares on preferential basis to EARC has been done towards conversion of part of the debt owed to it by the company, amounting to approximately Rs 33.86 crore. Subsequent to the allotment, Domestic Institutional Investors (DII) holding in the company will be 10 per cent. The promoter group holding will be 49.21 per cent and public shareholding (other than DII) 40.79 per cent.

Tilak nagarAmit dahanukarTilaknagar industriesBoard of tilaknagar industriesEdelweiss asset reconstruction company limitedPernod ricardDomestic institutional investorMansion house brandyPernod ricardAmit dahanukarதிலக் நகர்அமித் தஹனுகர்திலக்நகர் தொழில்கள்ஏதெல்வேஸ்ஸ் சொத்து புனரமைப்பு நிறுவனம் வரையறுக்கப்பட்டவைபேர்நோ ரிக்கார்ட்மாளிகை வீடு பிராந்தி