Tilaknagar Industries Ltd. announced a private placement of 1,05,26,315 equity shares of face value INR 10 each at a price of INR 95 per equity share including a premium of INR 85 per equity share for an amount aggregating to INR 999,999,925 on November 10, 2022. The transaction will include participation from Think India Opportunities Master Fund LP, a fund managed by Think Investments LP. The transaction has been approved by the board of directors of the company.