General Updates

June 26, 2026 To To BSE Limited, National Stock Exchange of India The Corporate Relationship Dept, Ltd., 1st Floor, Phiroze Jeejeebhoy Exchange Plaza, Towers, Dalal Street, Bandra - Kurla Complex, Mumbai – 400 001 Bandra (East), Scrip Code: 507205 Mumbai - 400 051 Symbol: TI Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Further Investment in Round the Cocktails Private Limited (“Bartisans”) Dear Sir/Madam, We would like to inform you that the Finance Committee of the Board of Directors of the Company at its meeting held on today i.e. June 26, 2025, has considered and approved a further investment of 1,569 Compulsory Convertible Preference Shares ("CCPS") of Round the Cocktails Private Limited (“Bartisans”) at a price of Rs. 12,752 per CCPS, aggregating to a total consideration of Rs. 2 Crores. Further, the Company has entered into the first supplementary agreement dated June 26, 2026 to the original share subscription agreement, the shareholders agreement and the share purchase agreement, all dated 19th September 2024. Post the completion of the aforesaid investments, the Company’s shareholding percentage in Bartisans shall stand increased to 41.45%. The details required under Regulation 30 of the SEBI (LODR) Regulations, 2015 and Part A of Schedule III of the aforesaid regulations are enclosed as “Annexure – 1”. The Finance Committee commenced its meeting at 3:15 P.M. and concluded at 4:05 P.M. We request you to kindly take the above on your record. The above disclosure is available on the website of the Company www.tilind.com. Thanking you, Yours faithfully, For Tilaknagar Industries Ltd. Minuzeer Bamboat Company Secretary, Compliance Officer & Head – Legal Encl.: as above Annexure - I: Sr. Particulars Details 1. Name of the target entity, details in Round the Cocktails Private Limited brief such as size, turnover etc.; (“Bartisans”), whose turnover and net worth for the year ended 31st March 2026 was INR 3.5 crores and INR 1.0 crore. Also refer to Sl. No. 10 below. 2. Whether the acquisition would fall Bartisans will continue to be an associate within related party transaction(s) company for Tilaknagar Industries Limited and whether the promoter/ (“TI”) post completion of the proposed promoter group/ group companies investment. have any interest in the entity being Further, promoter / promoter group / acquired? If yes, nature of interest group companies have no interest in and details thereof and whether the Bartisans. same is done at “arm’s length” The transaction will be at arms length. 3. Industry to which the entity being As a 'ready to pour' beverage company, acquired belongs Bartisans is engaged in the business of developing, producing, marketing and selling non-alcoholic beverages which can be mixed with alcohol to create cocktails, and can also be consumed on their own as mocktails. 4. Objects and impact of acquisition In addition to the earlier investments in (including but not limited to, Bartisans, the current investment of ~INR disclosure of reasons for acquisition 2 crores, will increase TI’s stake in of target entity, if its business is Bartisans. outside the main line of business of Bartisans has been TI’s play in the the listed entity) burgeoning cocktail culture in India. TI has also co-developed cocktail mixers with Bartisans, which had complemented TI luxury portfolio. Current investment is made with the aim of increasing the stake and strengthening partnership with Bartisans. 5. Brief details of any governmental or None regulatory approvals required for the acquisition 6. Indicative time period for completion On or before 31st August 2026 of the acquisition 7. Consideration - whether cash Cash consideration consideration or share swap or any other form and details of the same 8. Cost of acquisition and/or the price Subscribing to 1,569 Compulsory at which the shares are acquired Convertible Preference Shares ("CCPS") for ~INR 2 crores, equivalent to 8.27% of the share capital on a fully diluted basis. 9. Percentage of shareholding / control In aggregate, post proposed transaction, acquired and / or number of shares TI will own 41.45% of the share capital of acquired Bartisans on a fully diluted basis post this investment. 10. Brief background about the entity Bartisans was founded by Jovita and acquired in terms of products/line Jordan Mascarenhas, who used their of business acquired, date of hospitality and mixology experience to tap incorporation, history of last 3 years into the fastgrowing cocktail culture turnover, country in which the which is developing in India. Using a mix acquired entity has presence and of all-natural flavours, highquality any other significant information (in ingredients and appealing packaging, brief) Bartisans has gained tremendous traction in the 'ready to pour' cocktail mixer category. Convenient to use, all you need is your spirit of choice, ice and a Bartisans mixer to prepare a cocktail right out of a world-class bar. Date of incorporation: 19-Aug-2021 The value of sales made by Bartisans for last 3 years are as follows: FY 25-26 : INR 3.5 Cr FY 24-25 : INR 2.8 Cr FY 23-24 : INR 3.5 Cr