Tilaknagar Industries Promoter Pledges 17% Stake to Bajaj Finance
Mrs. Shivani Amit Dahanukar, a key promoter of Tilaknagar Industries, has pledged 3,29,76,043 shares (17.01% of total share capital) to Bajaj Finance Limited on September 4, 2025. This increases her total encumbered holdings to 3,67,55,152 shares (18.96% of total share capital), up from the previous 15.09%. The pledge was created for loan purposes.

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Tilaknagar Industries , a prominent player in the Indian spirits industry, has reported a significant development in its shareholding structure. Mrs. Shivani Amit Dahanukar, a key promoter of the company, has pledged a substantial portion of her holdings to Bajaj Finance Limited.
Pledge Details
According to the latest disclosure, Mrs. Dahanukar has pledged 3,29,76,043 shares, representing 17.01% of Tilaknagar Industries' total share capital. The pledge was created on September 4, 2025, for loan purposes, as reported in the company's filing to the stock exchanges.
Impact on Promoter Holdings
Following this transaction, the total encumbered holdings of Mrs. Dahanukar stand at 3,67,55,152 shares, which accounts for 18.96% of the company's total share capital. This represents an increase from the previously encumbered 2,92,55,152 shares, which constituted 15.09% of the total share capital.
Promoter Group Shareholding
The LODR (Listing Obligations and Disclosure Requirements) data provides additional insights into the promoter group's shareholding:
Promoter Name | Total Shares Held | % of Total Share Capital | Encumbered Shares | % Encumbered |
---|---|---|---|---|
Mrs. Shivani Amit Dahanukar | 3,29,76,043 | 17.01 | 3,67,55,152 | 18.96 |
Mr. Amit Dahanukar | 2,68,44,552 | 13.85 | 2,38,15,515 | 12.29 |
Priyadarshini A Dahanukar | 5,38,281 | 0.28 | 0 | 0.00 |
Anupama Arun Dahanukar | 4,57,623 | 0.24 | 0 | 0.00 |
Arunoday Investments Pvt Ltd | 71,34,330 | 3.68 | 63,29,319 | 3.27 |
M L Dahanukar And Co Pvt Ltd | 95,07,631 | 4.91 | 84,34,827 | 4.35 |
Market Implications
The pledge of shares by a promoter can sometimes be viewed as a significant event by market participants. It's worth noting that Tilaknagar Industries' shares are listed on both the BSE Limited and the National Stock Exchange of India Limited.
Investors and analysts may closely monitor such developments, as they can potentially impact market sentiment and the company's stock performance. However, it's important to note that share pledging is a common practice among promoters for various financial purposes and does not necessarily indicate any immediate concern for the company's operations or financial health.
Stakeholders are advised to consider multiple factors and consult financial experts when making investment decisions based on such corporate actions.
Historical Stock Returns for Tilaknagar Industries
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-1.01% | +1.51% | -9.68% | +99.45% | +46.20% | +2,665.18% |