Tilaknagar Industries promoter Shivani Amit Dahanukar has pledged an additional 6,50,000 equity shares to Avendus Finance Private Limited, as disclosed in a regulatory filing dated February 11, 2026. The pledge was created on February 02, 2026, for loan purposes under the provisions of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Pledge Details and Impact

The creation of this pledge significantly increases Dahanukar's total encumbered shareholding in the company. Her post-event holding of pledged shares now stands at 2,91,73,858 shares, representing 11.80% of the total share capital, compared to the previously encumbered 2,85,23,858 shares (11.54%).

Promoter Holdings Overview

Shivani Amit Dahanukar currently holds 3,29,76,043 shares in Tilaknagar Industries, representing 13.34% of the total share capital. The disclosure also provides details of other promoter and promoter group holdings as of the reporting date.

Regulatory Compliance

The disclosure was made in compliance with Regulation 31(1) and 31(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Tilaknagar Industries' shares are listed on BSE Limited (Scrip Code: 507205) and National Stock Exchange of India Limited (Symbol: TI). The company maintains its registered office at 3rd Floor, Industrial Assurance Building, Churchgate, Mumbai-400020.

Tilaknagar Industries Ltd. has announced comprehensive changes to its leadership structure, with the Board of Directors approving significant modifications to Key Managerial Personnel (KMP) and Senior Management Personnel (SMP) positions on January 27, 2026. These changes follow the company's acquisition of the Imperial Blue Business and represent a strategic reorganization of internal roles and responsibilities.

Key Managerial Personnel Changes

The most significant change involves the Chief Financial Officer position, where Rajesh Choudhary has been appointed as the new CFO, replacing Abhinav Gupta who transitions to a new internal role. The leadership transitions are detailed below:

Abhinav Gupta, the former CFO, will relinquish his position as Key Managerial Personnel but remain as Senior Management Personnel in his new role as Chief of Internal Audit. Rajesh Choudhary, previously serving as Senior Vice President - Finance & Accounts, brings extensive experience to the CFO role. Minuzeer Bamboat, the existing Company Secretary & Compliance Officer, has been assigned additional responsibilities as Head - Legal.

New CFO Profile and Experience

Rajesh Choudhary brings over 29 years of professional experience to his new role, including more than 22 years in the alcoholic beverages industry, primarily with Pernod Ricard India Private Limited. As a Chartered Accountant, he possesses strong expertise across P&L management, financial strategy, integrated business planning, transformation, risk management, fund raising, and governance.

During his tenure at Pernod Ricard India, Choudhary held several leadership roles across finance and supply chain functions, including FP&A, pricing strategy, risk and assurance, marketing finance, and integrated business planning. He was part of the leadership team managing a USD 3 billion P&L for the South Asia region, supporting strategic planning, performance management, and value creation initiatives.

Senior Management Restructuring

The company has implemented several designation changes within its Senior Management Personnel structure to align with post-acquisition organizational needs:

Ameya Deshpande, in his new role as Chief Strategy Officer, will additionally oversee Human Resources function on an interim basis. Sai Amrutkumar Vegisetti has been newly included as Senior Management Personnel and will oversee the Information Technology function.

Authorized Personnel for Material Disclosures

The Board has authorized three Key Managerial Personnel for determining material events and making relevant disclosures to stock exchanges:

• Amit Dahanukar - Chairman & Managing Director
• Rajesh Choudhary - Chief Financial Officer
• Minuzeer Bamboat - Company Secretary, Compliance Officer & Head-Legal

These changes reflect the company's strategic approach to organizational restructuring following the Imperial Blue acquisition, positioning the leadership team to effectively manage the expanded business operations and responsibilities.