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Tilaknagar buys Imperial Blue whiskey biz for ₹4,150 crore

Mint New Delhi

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July 24, 2025

Homegrown liquor company Tilaknagar Industries Ltd on Wednesday announced the acquisition of Imperial Blue business division from Pernod Ricard India Pvt. Ltd for an enterprise value of ₹4,150 crore, marking its foray into the country's whiskey segment.

- Suneera Tandon

With the acquisition, the company will become one of the leading players in brandy and whiskey, the two largest Indian-made foreign liquor (IMFL) categories.

Pernod Ricard said the sale strengthens its India portfolio, enabling the business to fully tap into premiumization trends and support sustained, profitable growth.

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