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Promoter Bina Kishore Chhabria sold 55 lakh equity shares of Allied Blenders and Distillers Ltd worth ₹357.59 Crore via the open market.
Promoter Bina Chhabria proposes to sell 55 lakh ABDL shares in open market by October 2026. The sale targets minimum public shareholding compliance.
Allied Blenders and Distillers Limited received an ESG rating score of '62' (category 'Performer') from an external ESG Rating Provider, Niche Ninety Nine.
Allied Blenders and Distillers received a manufacturing license for malt spirits at its Rangapur facility, enabling in-house production and enhancing single-malt portfolio capabilities.
Allied Blenders and Distillers received a licence to manufacture 4.4 million BL per annum of malt spirits in Telangana, enabling in-house production and premium portfolio expansion.
Allied Blenders and Distillers Ltd will invest Rs.10 Crore for capacity expansion at its bottling and distillery facilities. This investment supports manufacturing footprint and long-term volume growth.
Allied Blenders and Distillers will invest ₹115 Crore to expand its manufacturing capacity by 3 Million Bulk Litres per year for its Single Malt Whisky segment.
Allied Blenders invests ₹125 Crore in its subsidiary, Minakshi Agro, to establish a new Malt Distillery and address cost overruns in ongoing projects.
ABD launched 'The Indian Edit', a premium whisky targeting the domestic market. The product is a blend of Indian malt/grain spirits with fine Scotch malts, available in multiple formats.
Allied Blenders and Distillers Ltd was assigned an ESG rating of '63' in the 'Adequate' category by NSE Sustainability Ratings & Analytics Ltd. This rating was independently prepared.