Allied Blenders and Distillers Ltd approves acquisition of non-operational distillery

The Board of Directors of Allied Blenders and Distillers Limited at its Meeting held today, viz Friday, January 16, 2026, has, considered and approved acquisition of Assets relating to a Non-operational Distillery cum Bottling Facility in Uttar Pradesh (Land, Building, Plant, Machinery & Licenses) from National Industrial Corporation Private Limited ('NICOL') for an aggregate consideration of upto ₹70 crores towards acquisition cost with statutory levies and charges. Further, upto ₹40 crores towards upgradation of ground infrastructure and setting up Bottling Unit, total aggregating upto ₹110 crores. Pursuant thereto, the Company has also entered into the relevant Definitive Agreements.

The above proposed acquisition is in line with the growth strategy and to enhance backward integration capabilities of the Company.

The facility is strategically located in Moradabad, Uttar Pradesh with adequate land parcel to accommodate expansion of existing capacity and utilize for building further backward integration capabilities. This acquisition will enhance our IMFL bottling capacity in Uttar Pradesh and also enable us to expand the distillery capacity to increase captive consumption of ENA.

Shares of Allied Blenders and Distillers Limited was last trading in BSE at Rs. 473.15 as compared to the previous close of Rs. 475.10. The total number of shares traded during the day was 38025 in over 1348 trades.

The stock hit an intraday high of Rs. 486.45 and intraday low of 470.20. The net turnover during the day was Rs. 18184418.00.

Source : Equity Bulls

Keywords

AlliedBlendersandDistillers ABDL INE552Z01027 Acquisition Assets Distillery BottlingFacility NICOL