Tilaknagar Industries: Star investor Madhusudan Kela picks 34 lakh shares in Mansion House maker
Tilaknagar Industries Ltd (TI), leading premium brandy maker, has allotted 34 lakh equity shares to Singularity Equity Fund, the investment vehicle backed by star investor Madhusudan Kela. These shares were issued to warrant holders upon conversion, the company said in a filing. The move strengthens the company’s capital base at a time when the company…