Tilaknagar Industries Promoter Pledges 6,50,000 Shares to Avendus Finance

Tilaknagar Industries promoter Shivani Amit Dahanukar has pledged an additional 6,50,000 equity shares to Avendus Finance Private Limited, as disclosed in a regulatory filing dated February 11, 2026. The pledge was created on February 02, 2026, for loan purposes under the provisions of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Pledge Details and Impact The creation of this pledge significantly increases Dahanukar's total encumbered shareholding in the company. Her post-event holding of pledged shares now stands at 2,91,73,858 shares, representing 11.80% of the total share capital, compared to the previously encumbered 2,85,23,858 shares (11.54%). Parameter: Details Shares Pledged: 6,50,000 Pledge Date: February 02, 2026 Beneficiary: Avendus Finance Private Limited Purpose: Loan New Pledged Holdings: 2,91,73,858 shares (11.80%) Promoter Holdings Overview Shivani Amit Dahanukar currently holds 3,29,76,043 shares in Tilaknagar Industries, representing 13.34% of the total share capital. The disclosure also provides details of other promoter and promoter group holdings as of the reporting date. Promoter/Entity: Total Holding % of Capital Pledged Shares % Pledged Shivani Amit Dahanukar: 3,29,76,043 13.34% 2,91,73,858 11.80% Amit Dahanukar: 2,77,74,552 11.24% 2,68,44,552 10.86% M L Dahanukar And Co Pvt Ltd: 95,07,631 3.85% 95,07,631 3.85% Arunoday Investments Pvt Ltd: 71,34,330 2.89% 71,34,330 2.89% Regulatory Compliance The disclosure was made in compliance with Regulation 31(1) and 31(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Tilaknagar Industries' shares are listed on BSE Limited (Scrip Code: 507205) and National Stock Exchange of India Limited (Symbol: TI). The company maintains its registered office at 3rd Floor, Industrial Assurance Building, Churchgate, Mumbai-400020. Tilaknagar Industries Ltd. has announced comprehensive changes to its leadership structure, with the Board of Directors approving significant modifications to Key Managerial Personnel (KMP) and Senior Management Personnel (SMP) positions on January 27, 2026. These changes follow the company's acquisition of the Imperial Blue Business and represent a strategic reorganization of internal roles and responsibilities. Key Managerial Personnel Changes The most significant change involves the Chief Financial Officer position, where Rajesh Choudhary has been appointed as the new CFO, replacing Abhinav Gupta who transitions to a new internal role. The leadership transitions are detailed below: Position Outgoing Incoming Effective Date Chief Financial Officer Abhinav Gupta Rajesh Choudhary Immediate effect Chief of Internal Audit - Abhinav Gupta Immediate effect Company Secretary & Head-Legal - Minuzeer Bamboat (additional role) Immediate effect Abhinav Gupta, the former CFO, will relinquish his position as Key Managerial Personnel but remain as Senior Management Personnel in his new role as Chief of Internal Audit. Rajesh Choudhary, previously serving as Senior Vice President - Finance & Accounts, brings extensive experience to the CFO role. Minuzeer Bamboat, the existing Company Secretary & Compliance Officer, has been assigned additional responsibilities as Head - Legal. New CFO Profile and Experience Rajesh Choudhary brings over 29 years of professional experience to his new role, including more than 22 years in the alcoholic beverages industry, primarily with Pernod Ricard India Private Limited. As a Chartered Accountant, he possesses strong expertise across P&L management, financial strategy, integrated business planning, transformation, risk management, fund raising, and governance. During his tenure at Pernod Ricard India, Choudhary held several leadership roles across finance and supply chain functions, including FP&A, pricing strategy, risk and assurance, marketing finance, and integrated business planning. He was part of the leadership team managing a USD 3 billion P&L for the South Asia region, supporting strategic planning, performance management, and value creation initiatives. Senior Management Restructuring The company has implemented several designation changes within its Senior Management Personnel structure to align with post-acquisition organizational needs: Current Role New Designation Executive President-Sales Chief Sales Officer Nishant Jain President - Corporate Development & Strategy Chief Strategy Officer Ameya Deshpande Vice President - Manufacturing Vice President - Manufacturing & Projects Tarun Behl Chief Information Officer Senior Management Personnel (new inclusion) Sai Amrutkumar Vegisetti Ameya Deshpande, in his new role as Chief Strategy Officer, will additionally oversee Human Resources function on an interim basis. Sai Amrutkumar Vegisetti has been newly included as Senior Management Personnel and will oversee the Information Technology function. Authorized Personnel for Material Disclosures The Board has authorized three Key Managerial Personnel for determining material events and making relevant disclosures to stock exchanges: Amit Dahanukar - Chairman & Managing Director Rajesh Choudhary - Chief Financial Officer Minuzeer Bamboat - Company Secretary, Compliance Officer & Head-Legal These changes reflect the company's strategic approach to organizational restructuring following the Imperial Blue acquisition, positioning the leadership team to effectively manage the expanded business operations and responsibilities. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. 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