NSEPress Release26 Jun 2026 · 26 Jun 2026, 04:56 pm
Press Release
Tilaknagar Industries Limited · TI
✦ AI Summary▲ PositiveM&A
Tilaknagar Industries Limited has made a follow-on investment of INR 2 crore in Round The Cocktails Private Limited, makers of ready-to-pour cocktail and mocktail mixers under the brand name Bartisans, increasing its stake from 36.17% to 41.45% on a fully diluted basis. The investment will be utilized to accelerate Bartisans' growth initiatives, bolster its quick commerce presence, and support the launch of new single-serve packaging.
Analysis Scores
Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Tilaknagar Industries Limited has informed the Exchange regarding a press release dated Jun 26, 2026, titled "Tilaknagar Industries Doubles Down on Bartisans with Strategic Growth Capital".
Attachments (1)
📄pdf
Download →
gthakur_26062026165614_TI_Pressrelease_Bartisans.pdf
View document text
June 26, 2026
To, To,
BSE Limited National Stock Exchange of India
Phiroze Jeejeebhoy Towers, Limited
Dalal Street, Exchange Plaza, C-1, Block-G,
Mumbai 400001 Bandra-Kurla Complex, Bandra (East),
Scrip Code : 507205 Mumbai-400 051.
Symbol : TI
Sub: Press Release pursuant to Regulation 30 of the SEBI (LODR) Regulations
2015 – Tilaknagar Industries Doubles Down on Bartisans with Strategic
Growth Capital
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (LODR) Regulations 2015, we are enclosing
herewith a press release dated June 26, 2026 titled Tilaknagar Industries Doubles
Down on Bartisans with Strategic Growth Capital.
The above information is available on the Company’s website at www.tilind.com.
This is for your information and records.
Thanking you,
Yours faithfully,
For Tilaknagar Industries Ltd.
Minuzeer Bamboat
Company Secretary, Compliance Officer & Head – Legal
Encl: a/a
News Release
Tilaknagar Industries Doubles Down on Bartisans with
Strategic Growth Capital
Increases stake to 41.45 per cent with INR two crore infusion
Mumbai, June 26, 2026: Leading Indian-Made Foreign Liquor (IMFL) manufacturer,
Tilaknagar Industries Limited (TI) (BSE: 507205 | NSE: TI), has made a follow-on
investment of INR 2 crore in Round The Cocktails Private Limited, makers of ready-to-pour
cocktail and mocktail mixers under the brand name Bartisans. With this investment, TI’s
stake in Bartisans will increase from 36.17 per cent to 41.45 per cent on a fully diluted
basis.
The INR 2 crore investment is a primary infusion and the capital will be utilized to
accelerate Bartisans’ growth initiatives, bolster its quick commerce presence and support
the launch of new single-serve packaging.
TI had first invested in Bartisans in September 2024, driven by its conviction in India’s
rapidly evolving cocktail culture and the growing preference for premium and convenient
at-home drinking experiences. This follow-on investment reinforces TI’s confidence in
Bartisans’ growth journey and strengthens the partnership as the brand enters its next
phase of expansion.
Founded in 2021 by mother-son duo Jovita and Jordan Mascarenhas, Bartisans is an all-
natural cocktail mixer brand offering ready-to-pour mixers crafted to suit the evolving
tastes and preferences of Indian consumers. The brand has built a differentiated position
in the premium mixer category by combining convenience, innovative flavour profiles and
quality ingredients.
Mr Ameya Deshpande, Chief Strategy Officer, Tilaknagar Industries Limited, said,
“Our increased investment in Bartisans reflects our confidence in the fast-growing
premium mixer category and the brand’s strong potential. Since our initial investment,
Bartisans has demonstrated encouraging momentum and delivered successful
collaborations such as Golden Hour, the bespoke mixer created for Monarch Legacy Edition
Brandy.”
TI is also exploring multiple product collaborations with Bartisans across its premium
portfolio and is excited to support the company’s continued growth, Mr Deshpande
added.
Bartisans has seen robust growth on quick commerce platforms since launch, reflecting
the growing consumer preference for convenience-led purchasing and instant availability
of beverage essentials. The volumes through quick commerce have more than doubled in
FY26 compared to last fiscal, making it the brand’s largest sales channel with a salience of
nearly 65 per cent. The planned investment will help strengthen its presence and visibility
across leading quick commerce platforms, capitalizing on one of India’s fastest-growing
retail channels.
Ms Jovita Mascarenhas, Co-Founder, Round the Cocktails Private Limited said,
“We are delighted to grow our partnership with Tilaknagar Industries as we take Bartisans
to newer heights. The additional capital will help us accelerate our geographical expansion,
new product launches and introduce innovative formats that make premium cocktail
experiences more accessible and convenient for consumers.”
The cocktail mixer category in India continues to benefit from premiumisation trends,
rising cocktail culture and increasing demand for convenient at-home consumption
experiences. Through strategic partnerships and investments, TI continues to strengthen
its premium ecosystem and expand into emerging consumer segments.
The investment in Bartisans will be funded through TI’s internal cash resources.
About Tilaknagar Industries:
Tilaknagar Industries is one of India’s leading alcoholic beverage companies, with a rich
legacy spanning over 90 years. Founded in 1933 by Shri Mahadev L. Dahanukar as
Maharashtra Sugar Mills, TI has, over the years, transformed into a major player in the
India Made Foreign Liquor (“IMFL”) industry. Under the leadership of Shri Amit Dahanukar,
TI has further strengthened its leadership across categories with ‘Millionaire’ brands like
Mansion House Brandy, Imperial Blue Whisky and Courrier Napoleon Brandy. The Company
also has a strong presence across Rum and Gin through Madiraa Rum & Blue Lagoon Gin.
Further, with a strong focus on premiumization, ‘House of TI’ – the Company’s luxury
vertical – is anchored by Monarch Legacy Edition, its first luxury brandy and Seven Islands
Pure Malt Whisky, an Indo-Scottish premium whisky. ‘House of TI’ also includes an
investment arm that supports India’s emerging craft spirits players.
Website: https://www.tilind.com