Clarification on News item

| Updated on: Dec 16, 2013

With reference to the news report published in the leading financial daily, dated December 16, 2013, headlined "Tilaknagar to buy top IFB liquor brands", Tilaknagar Industries Ltd has clarified to BSE as under: "Tilaknagar Industries Ltd. (TI) is part of a dynamic and growing industry and as part of the Company’s ongoing growth and expansion endeavors; it is always evaluating several opportunities synergistic to its business. Towards this objective, the Company has assessed the addition of certain IFB Agro’s brands to its portfolio. However, at present there is no conclusive development on the matter. Should there be any concrete development, the Company will make a formal communication to that effect at an appropriate time. Any inference at this stage would be hypothetical in nature."

Source : BSE - >www.bseindia.com

Published on December 16, 2013

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