Tilaknagar Industries has scheduled its 91st Annual General Meeting for Tuesday, September 22, 2026, at 10:30 am via video conferencing, with a proposed final dividend of Re 1 per equity share for FY26.

The company issued a weblink and QR code to enable shareholders without registered email addresses to access the AGM notice and Annual Report for FY26, ensuring compliance with SEBI's electronic communication norms. The integrated annual report, including financial statements, is available on the company's website and stock exchange portals. Shareholders holding shares in physical mode without registered email addresses are requested to update their details to receive communications and dividends electronically. Those wishing to receive a physical copy may write to investor@tilind.com mentioning their Folio Number or DP ID/Client ID.

Meeting and Voting Details

The AGM will be conducted via video conferencing or other audio-visual means, and physical attendance is not permitted. Remote e-voting has been enabled through Central Depository Services (India) Limited (CDSL).

Shareholders who have already cast their votes remotely will not be eligible to vote again during the meeting. The results of the voting will be announced within two working days of the meeting's conclusion.

Dividend Payout

The Board of Directors had previously recommended a final dividend of Re 1 per equity share, representing a 10% payout on the face value, for the financial year ended March 31, 2026. If approved by shareholders at the meeting, the dividend will be payable on or after the meeting date. Shareholders on record as of September 15, 2026, will be eligible for the proposed final dividend.

FY26 Financial Performance

FY26 was a defining year for Tilaknagar Industries, marked by the acquisition of Imperial Blue from Pernod Ricard India. Revenue from Operations, net of excise duties, increased 69.9% from ₹1,381 crore to ₹2,346 crore. The company sold approximately 20 million cases in FY26, representing a growth of 67.6%.

Debt increased from ₹42 crore as of March 31, 2025 to ₹2,296 crore as of March 31, 2026, on account of financing the Imperial Blue acquisition. Net debt increased from a net cash position of ₹107 crore as of March 31, 2025 to ₹1,911 crore as of March 31, 2026.

Tilaknagar Industries has set a target of double-digit volume growth in FY27, with revenue growth aimed to exceed volume growth by 250 bps.

Key growth targets for FY27

The company has outlined specific growth objectives for FY27, anchoring its strategy on both volume expansion and value-led revenue outperformance. Revenue growth is targeted to exceed volume growth by 250 bps, indicating a focus on premiumisation or pricing improvements alongside volume gains.

The following table summarises the key targets disclosed by Tilaknagar Industries for FY27:

Prag capacity expansion

Alongside its volume and revenue targets, Tilaknagar Industries has expanded the production capacity for Prag sixfold. This capacity addition reflects the company's intent to scale up output to support its stated growth ambitions in FY27.