Tag Archives: Investment News

Carlsberg India Signs MoU with Ministry of Food Processing Industries, Commits ₹1,250 Crore Investment

Carlsberg India, the wholly owned subsidiary of Carlsberg Group, announced the signing of a Memorandum of Understanding (MoU) with the Ministry of Food Processing Industries (MoFPI), Government of India, at World Food India 2025. The agreement reaffirms Carlsberg’s long-term commitment to India through proposed investments of ₹1,250 crore across key states.

The investments will strengthen Carlsberg India’s brewing and packaging footprint with investments of ₹500 crore towards a new greenfield facility in Ahilyanagar, Maharashtra, ₹400 crore for brownfield expansion in Hoogly, West Bengal, ₹350 crore for brownfield expansion in Mysuru, Karnataka (previously announced).

Over the next three years, Carlsberg India expects incremental procurement of nearly ₹600 crore in raw and packaging materials, directly benefitting industries such as malt production, glass, cans, cardboard, and logistics.

Speaking on the occasion, Nilesh Patel, Managing Director, Carlsberg India, said, “India is a priority growth market for Carlsberg Group. Our investments in Maharashtra, West Bengal, and Karnataka underline our long-term commitment to India’s future. These projects will expand our operational capacity, create meaningful employment, and generate excise revenues for the states.”

Carlsberg India is also embedding sustainability at the core of these investments, with a focus on renewable energy, water efficiency, and sustainable packaging solutions. These initiatives are aligned with India’s climate and development goals, as well as the Carlsberg Group’s global sustainability programme, Together Towards ZERO and Beyond.

Tilaknagar Industries to raise ₹2,296 Crore via Preferential Issue

Tilaknagar Industries Limited (TI) has announced that its Board of Directors has approved a preferential issue of securities (equity shares and warrants) amounting to approximately ₹2,296 crores. The issue price of ₹382 per security is in compliance with the pricing determined under Regulation 164 of the SEBI ICDR Regulations.

It goes without saying what the company intends to utilise the proceeds raised through the Preferential Issue – considering its recent announcement for the acquisition of Imperial Blue brand and general corporate purpose.

A total of 44 investors will be participating in this issue, including promoters and existing prominent investors. Of these, nine investors are subscribing through equity shares, contributing approximately ₹549 crores while the remaining 35 investors will participate through warrants, raising approximately ₹1,747 crores.

As per the terms, ₹437 crores (25% of the warrants issue size) will be payable at the time of allotment of warrants, while the balance ₹1,310 crores will be received upon conversion into equity shares.

The promoter group is also actively participating in the issue with the company’s Chairman and Managing Director, Amit Dahanukar subscribing to warrants worth ₹306 crores. Other investors include Axana Estates LLP, SMALLCAP World Fund Inc, TIMF Holdings, Funds managed by Abakkus Asset Manager Private Limited, Bandhan Mutual Fund, Arpit Khandelwal and several other institutional and marquee high-net-worth individuals.