Record Date

August 31, 2026 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block-G, Dalal Street, Bandra-Kurla Complex, Bandra (East), Mumbai 400001 Mumbai-400 051. Scrip Code : 507205 Symbol : TI Sub: Notice of 91st Annual General Meeting along with Annual Report for the Financial Year 2025-26 Dear Sir/Madam, This is to inform you that the 91st Annual General Meeting (“AGM”) of the Members of Tilaknagar Industries Ltd. (“the Company”) is scheduled to be held on Tuesday, September 22, 2026, at 10:30 A.M (IST) through Video Conferencing (“VC”)/ Other Audio Visual Means (“OAVM”). Pursuant to Regulation 30 and 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we are enclosing herewith the Notice for the 91st AGM and the Annual Report, including the Business Responsibility and Sustainability Report, for the financial year 2025-26, being sent through electronic mode to the Members of the Company whose email addresses are registered with the Company / Depository Participants. Further, a letter providing the web-link to access the said AGM Notice and Annual Report, are being sent to those Members who have not registered their email addresses. The Notice of 91st AGM of the Company along with Annual Report for the financial year 2025-26 is also available on the website of the Company at www.tilind.com. Please take the above on your record. Thanking you, Yours faithfully, For Tilaknagar Industries Ltd. Minuzeer Bamboat Company Secretary, Compliance officer & Head-Legal Encl: a/a O LO Some houses are built to stand. Others are built to grow. Ours has been taking shape for generations. Its foundations carry experience. Its walls hold stories of brands that have travelled across markets and generations. Within it lives the craft, instinct and relationships that have shaped who we are today. Much has been built. And yet, what excites us most is what remains possible. New categories to enter. New brands to nurture. New consumers to meet. New occasions to become part of. New ambitions waiting to find their place. CONTENTS Because growth is not about leaving behind what has been built. It is about carrying forward what deserves to endure, while making room for 02 The House we are Building 32 The Study what deserves to come next. 04 From the Architect’s Table 34 The View Ahead 08 The Blueprint 36 Board of Directors 10 The Foundation 38 Leadership Team 12 Awards and Recognition 40 A Culture of Belonging 14 The House, In Full 42 Beyond our Walls 16 The House of Heritage 47 Corporate Information 18 A New Door Opens 48 Management Discussion 22 The House of Aspirations & Analysis 26 The House of Ideas 56 Statutory Reports 28 The House of Craft 142 Financial Statements 30 The House of Reach 292 AGM Notice THE HOUSE WE ARE BUILDING A Legacy with Many More Rooms to Fill. Scan the QR Code 1 Corporate Overview 2 Statutory Reports 3 Financial Statements FY26 added a defining new dimension. With Imperial Blue, a new door opened, bringing whisky into our portfolio at scale and expanding the possibilities before us. Alongside it, our premium portfolio, innovation agenda and evolving capabilities continue to create space for the next chapter of growth. Behind every room are the people, decisions, processes and relationships that hold the House together. MANY SPACES. MANY STORIES. MANY HANDS. WE ARE BUILDING A Legacy with Many More Rooms to Fill. A House is more than what stands within its walls. It is the sum of what gives it character, what keeps it moving and what makes it ready for those yet to enter. That is how we see Tilaknagar Industries today. At its heart is a heritage shaped over generations, carried forward by brands that have earned enduring consumer affinity. Around it, the House continues to grow. Craft gives every creation its character. Ideas open new possibilities. Reach takes our brands into more markets and occasions. 02 Annual Report 2025-26 Annual Report 2025-26 03 1 Corporate Overview 2 Statutory Reports 3 Financial Statements From the Architect’s Table N IN A A Imperial Blue (“IB”): A Every year, ~15–20 million consumers enter the A LARGER Transformational Acquisition legal drinking age bracket, creating a steadily expanding consumer base. At the same time, The acquisition of IB, a brand with 25+ years of India’s growing middle class, increasing social legacy and strong consumer franchise, marked a HORIZON acceptance and changing lifestyle preferences transformational step in the evolution of TI. The are reshaping the industry landscape. These acquisition has accelerated our expansion into structural drivers provide a strong foundation whisky and significantly enhanced the scale and for sustained long-term growth and boosts reach of our overall business. Dear Shareholders, our confidence in the future of Indian alcoholic We see multiple avenues being unlocked from beverages industry. As I write this message, I do so with immense pride and this acquisition. These include distribution and gratitude. FY26 has been a defining year in the 93-year One of the most defining trends shaping the go-to-market optimisation, increased scale and journey of Tilaknagar Industries Ltd. (“TI”). It was a year industry is premiumisation. Consumers today are cross-selling, procurement and manufacturing that transformed the scale, reach and capabilities of your increasingly seeking authenticity, provenance efficiencies, overhead rationalisation and Company, reinforced the strength of our legacy business and superior experiences, resulting in growing operating leverage. Together, these levers and laid the foundation for our next phase of growth. demand for premium spirits across categories. provide significant potential for growth and Indian consumers are displaying a greater The Indian alcoholic beverages industry continues to be one margin expansion. appreciation for quality products, heritage of the most exciting consumer sectors in the country, driven We believe IB provides TI with a compelling brands, craft and luxury spirits and innovative by favourable demographics, rising disposable incomes, platform to build scale, strengthen our presence offerings that reflect changing tastes and evolving consumer preferences and an increasing inclination and participate meaningfully in India’s evolving evolving consumption occasions. towards premium brands. At the same time, changing IMFL journey. The IB acquisition not only helps social attitudes towards responsible alcohol consumption, The anticipated India–UK Free Trade Agreement us strengthen our legacy business, but also including the gradual easing of traditional taboos and is another development that could have a transforms TI into a pan-India, pan-category a growing participation of women in the category, meaningful impact on the Indian alcoholic IMFL company, laying a strong foundation are broadening the consumer base and creating new beverages industry. The proposed agreement is for sustainable long-term growth and consumption occasions. Progressive policy reforms across expected to progressively reduce customs duties value creation. several key markets and a growing acceptance of premium on imported Scotch whisky, potentially making and differentiated offerings have further strengthened the Indian Alcoholic Beverages Market the category more accessible and supporting industry’s long-term growth outlook during the year. greater innovation and premiumisation across India today stands at the cusp of a multi-decade the market. For Indian spirits companies, FY26 for TI has been defined as not only a year consumption opportunity, and the alcoholic we believe this could further accelerate the wherein we have delivered another strong operating beverages industry is well positioned to be one evolution of the premium whisky segment and financial performance, but also one in which we of its key beneficiaries. Supported by favourable and create new oppor [Showing first 8,000 characters — download PDF for full document]