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Tilaknagar Leads Race to Buy Imperial Blue Whisky

Financial Express Kolkata

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July 23, 2025

Raise the Bar ₹4,000-5,000 cr Deal value

- VIVEAT SUSAN PINTO

AMIT-DAHANUKAR-LED TILAKNAGAR Industries has emerged as the front-runner to acquire Pernod Ricard India's popular whisky brand, Imperial Blue, sources told FE. Ravi-Deol-led Inbrew Beverages is also in contention for acquiring the country's third-largest whisky brand. The deal has been valued at ₹4,000-5,000 crore, with an announcement likely later this month, sources said. Both Tilaknagar Industries and Pernod Ricard India declined comment when contacted via email.

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