Indian-made foreign liquor (IMFL) manufacturer Tilaknagar Industries Ltd (TIL) has roped in Srijit Mullick as its chief financial officer (CFO). The appointment comes in the wake of significant corporate developments at the company, as per a stock market disclosure.
The firm did not elaborate but it is reportedly being wooed by global liquor makers, including Suntory and Pernod Ricard.
A chartered accountant, Mullick has more than three decades of experience in financial management. He joined TIL from E-City Ventures Group of companies (a part of $5 billion Essel Group) where he was CFO; during his tenure over the last three years, the group has seen five times growth. Mullick started his carrier with SR Batliboi & Co.
“Mullick’s extensive background in mergers, acquisitions, divestment, strategic planning, commercial management and other areas of corporate finance is expected to give momentum to TIL in these departments and enable it to continue its healthy growth trajectory,” said Amit Dahanukar, chairman and managing director of TIL.
TIL manufactures and markets more than 40 brands of whisky, brandy, gin, rum and vodka across various domestic and international markets, including Western Africa and the Middle East.
(Edited by Joby Puthuparampil Johnson)