Tilaknagar Industries Ltd has completed a further investment of ₹2 Crores in Round the Cocktails Private Limited, which operates under the brand name Bartisans. The company disbursed the funds on July 07, 2026, following the execution of a supplementary agreement to the original share subscription and shareholders agreements dated September 19, 2024. This strategic move strengthens Tilaknagar Industries 's stake in the beverage sector through the acquisition of equity-linked instruments.

The investment was structured through the subscription of 1,569 Compulsory Convertible Preference Shares (CCPS). The price per share was fixed at ₹12,752, aggregating the total consideration to ₹2 Crores. The disbursement was made pursuant to the first supplementary agreement entered into on June 26, 2026, which amended the original agreements signed in September 2024.

Investment Details

The transaction specifics regarding the investment in Round the Cocktails Private Limited are outlined below:

The disclosure regarding this investment was submitted to BSE Limited and the National Stock Exchange of India Ltd. in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the funds have been disbursed under the terms of the agreement.

Tilaknagar Industries has approved a follow-on investment of ₹2 crore in Round The Cocktails Private Limited, operating as Bartisans, to strengthen its partnership in the ready-to-pour beverage segment. The Finance Committee of the Board of Directors approved the subscription to 1,569 Compulsory Convertible Preference Shares (CCPS) at a price of ₹12,752 per CCPS. This strategic move will increase Tilaknagar Industries' shareholding in Bartisans to 41.45% on a fully diluted basis, up from 36.17%.

The company entered into a supplementary agreement dated June 26, 2026, amending the original share subscription, shareholders, and share purchase agreements from September 19, 2024. The transaction is an arm's length deal, with no interest from the promoter or group companies in Bartisans. The investment is aimed at capitalizing on the burgeoning cocktail culture in India, complementing Tilaknagar's luxury portfolio. The capital will be utilized to accelerate Bartisans' growth initiatives, bolster its quick commerce presence, and support the launch of new single-serve packaging.

Bartisans, incorporated on August 19, 2021, reported a turnover of ₹3.5 crore and a net worth of ₹1.0 crore for the year ended March 31, 2026. The entity develops, produces, and markets non-alcoholic beverages designed for cocktails and mocktails. The investment is slated for completion on or before August 31, 2026. Mr. Ameya Deshpande, Chief Strategy Officer of Tilaknagar Industries, stated that the increased investment reflects confidence in the fast-growing premium mixer category and the brand's strong potential.

Financial Performance of Bartisans

The target entity has demonstrated consistent sales growth over the past three fiscal years. The following table details the value of sales reported by Bartisans:

Investment Details

The following table summarises the key parameters of the transaction:

No specific governmental or regulatory approvals are required for this transaction. Bartisans will continue to be an associate company for Tilaknagar Industries post-completion of the investment. The brand has seen robust growth on quick commerce platforms, with volumes more than doubling in FY26 compared to the previous fiscal, making it the largest sales channel with nearly 65% salience.