Mumbai, July 21 -- In a regulatory filing, the liquor maker said the board will deliberate on issuing equity shares or a mix of financial instruments, including debentures, warrants, preference shares, or foreign currency convertible bonds. The raise could be executed through multiple channels like public offer, rights issue, preferential issue, QIP, or private placement, depending on market conditions and regulatory permissions.

The company is also looking to initiate a postal ballot or extraordinary general meeting to secure shareholder approval for the fundraising move, should the board approve it.

Tilaknagar Industries is an alcoholic beverage (alcobev) companies. It is engaged in the business of manufacture and sale of Indian Made ...