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Tilaknagar buys Imperial Blue for Rs 4k cr from Pernod Ricard

Tilaknagar Industries is set to acquire Pernod Ricard India's Imperial Blue business for ₹4,150 crore, including a deferred payment. This acquisition, the largest in the Indian alcoholic beverage sector by an Indian company, enables Tilaknagar to enter the whisky market with a well-established brand. Pernod Ricard aims to concentrate on its premium brands with this sale.