Tilaknagar Industries Boosts Bartisans Stake From 36.17% to 41.45% With ₹2 Crore Investment
Tilaknagar Industries has approved a ₹2 crore follow-on investment in Bartisans (Round The Cocktails Pvt Ltd) through 1,569 CCPS at ₹12,752 per share, raising its fully diluted stake from 36.17% to 41.45%. Bartisans reported a turnover of ₹3.5 crore and net worth of ₹1.0 crore for the year ended March 31, 2026, with quick commerce volumes more than doubling in FY26, accounting for nearly 65% of sales.

*this image is generated using AI for illustrative purposes only.
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:
| Period: | Sales Value |
|---|---|
| FY 25-26 | ₹3.5 Cr |
| FY 24-25 | ₹2.8 Cr |
| FY 23-24 | ₹3.5 Cr |
Investment Details
The following table summarises the key parameters of the transaction:
| Parameter: | Details |
|---|---|
| Investment Amount | ₹2 crore |
| Instrument | Compulsory Convertible Preference Shares (CCPS) |
| Number of CCPS | 1,569 |
| Price per CCPS | ₹12,752 |
| Stake (Pre-Investment) | 36.17% |
| Stake (Post-Investment) | 41.45% (fully diluted) |
| Stake Increase | 8.27% on fully diluted basis |
| Completion Deadline | On or before August 31, 2026 |
| Post-Investment Status | Associate Company |
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.
Historical Stock Returns for Tilaknagar Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.87% | +1.86% | +0.23% | -6.14% | +24.53% | +1,008.91% |
How will the infusion of capital specifically influence Bartisans' strategy to expand its quick commerce dominance beyond the current 65% sales channel salience?
What are the projected revenue synergies for Tilaknagar Industries' luxury portfolio following the integration of Bartisans' single-serve packaging?
Does the increased stake to 41.45% signal a potential future move by Tilaknagar Industries to acquire full ownership of Bartisans?































