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.
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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