TILAKNAGAR INDUSTRIES


Mumbai, August 22, 2014: Tilaknagar Industries Ltd. (TI), a leading player in the Indian Made Foreign

Liquor (IMFL) industry has given clarification towards the recent media report.

In connection with the media report stating that Allied Blenders and Distillers Pvt. Ltd has purchased

50% ownership rights in the brands Mansion House and Savoy Club from Herman Jansen Beverages

Nederland BV and that under the agreement, ABD will produce and market the said brands viz.

Mansion House and Savoy Club in India; Tilaknagar Industries Ltd. reiterates that the assignment of

the trademarks (Mansion House and Savoy Club) during pendency of judicial proceedings is illegal.

Neither the assignors (Herman Jansen) nor the assignee (ABD) are entitled to use the trademarks

Mansion House and Savoy Club as such use would tantamount to violation of TI’s rights in the

trademarks Mansion House and Savoy Club, which have been upheld by the Bombay High Court.

As regards future course of action, TI will be guided by appropriate legal advice and will take all

necessary actions to protect their interest.

As regard to the acquisition of stake in TI by ABD, we are unable to comment on market speculation

and wish to clarify that “given the nature of TI’s business, sector dynamics and to make business

progress, the Company at several time points is exploring various types of business associations, tie-
ups, relationships etc. across players in the domestic and international markets, which may or may

not fructify.

Should there be any material development that requires us by law to make any formal statement in

any manner in connection with any such activity that may transpire, the Company will comply, share

and make the announcements at the appropriate time in line with the best practices disclosure

guidelines.”

About Tilaknagar Industries Ltd. (TI)

Tilaknagar Industries Ltd. (BSE: 507205 / NSE: TI) is one of the renowned Indian Made Foreign Liquor players (including

whisky, brandy, gin, rum and vodka) with presence across India. The Company manufactures, markets and sells more than

40 brands across all price points. TI’s subsidiaries are Prag Distillery (P) Ltd, Vahni Distilleries Private Limited, Kesarval

Springs Distillers Pvt. Ltd., Punjab Expo Breveries Private Limited. The Company exports its products to Western Africa, the

Middle East, the Far East and Caribbean countries.

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