Allied Blenders & Distillers Promoter Selling: ₹357.6 Cr
Promoter Bina Kishore Chhabria sold 55 lakh equity shares of Allied Blenders and Distillers Ltd worth ₹357.59 Crore via the open market.
- Value
- ₹357.6 Cr
- Promoter stake change
- -1.97%
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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.
Allied Blenders and Distillers Limited has relaunched its Officer's Choice Blue whisky with premium packaging and a refreshed identity. The rollout begins in Uttar Pradesh and Maharashtra.
Allied Blenders and Distillers has granted 3,00,000 stock options to eligible employees under its ESOP scheme. This grant follows the company's approved employee stock option policy.
Allied Blenders and Distillers Limited has launched local production of Officer's Choice Blue in Malaysia. This asset-light co-bottling arrangement marks the company's first overseas production initiative.
India Ratings & Research upgraded Allied Blenders and Distillers Limited's bank facility ratings by two notches to 'IND AA-' with a Stable Outlook. The upgrade reflects improved scale and profitability.
India Ratings and Research upgraded Allied Blenders and Distillers' long-term bank facilities to 'IND AA-' and short-term facilities to 'IND A1+'. The ratings cover facilities totaling ₹1,600 Crore.
Allied Blenders and Distillers Limited announced an independent ESG score of 58.70 assigned by SES ESG Research Private Limited. The company did not engage the agency.