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ABDL appoints CRISIL to further strengthen governance practices in-line with best global practices



Posted On : 2025-03-28 10:44:55( TIMEZONE : IST )

ABDL appoints CRISIL to further strengthen governance practices in-line with best global practices

Allied Blenders and Distillers Limited (ABD), India's 3rd largest spirits company, appoints CRISIL Ltd, a global leader in analytics and sustainability advisory, to further enhance the governance framework and embed sustainability across its business.

The partnership reflects ABD's focus on building a future-ready organization driven by transparency, accountability, and long-term value. As part of the engagement, CRISIL will carry out its Governance and Value Creation (GVC) assessment, which reviews areas such as governance practices and evaluate sustainable & inclusive value creation aspects. The goal is to strengthen ABD's governance model in line with global best practices.

In addition, CRISIL will assist in preparing the company to meet evolving regulatory expectations, including the Business Responsibility and Sustainability Report (BRSR) for FY26.

Mr. Alok Gupta, Managing Director, ABD said, "Strong governance and sustainability are core to how we grow and operate. This partnership with CRISIL is an important step in building a more resilient and responsible business. As we continue to scale, we are equally focused on making a lasting difference for our consumers, communities, and the industry."

The initiative is part of ABD's ongoing transformation, which includes premiumisation of its portfolio, modernising operations, and deepening its market presence. With governance and sustainability now central to its growth strategy, ABD is positioning itself at the forefront of positive change in the Indian alco-bev sector.

Shares of Allied Blenders and Distillers Limited was last trading in BSE at Rs. 319.20 as compared to the previous close of Rs. 315.20. The total number of shares traded during the day was 29312 in over 823 trades.

The stock hit an intraday high of Rs. 320.70 and intraday low of 311.00. The net turnover during the day was Rs. 9312817.00.

Source : Equity Bulls

Keywords

AlliedBlendersandDistillers ABDL INE552Z01027 Appointment CRISIL GovernanceFramework Sustainability