Stock Report

Monika Alcobev appointed as Remy Cointreau's exclusive partner across India

Posted On : 2026-08-10 22:00:31( TIMEZONE : IST )

As part of Remy Cointreau's ambitions to develop a long term, sustainable and high growth business in India, Rémy Cointreau, has appointed Monika Alcobev Limited as its exclusive distribution & marketing partner for all of India.

This transition marks a significant vote of confidence in Monika Alcobev's PAN-India capabilities, premium positioning, and strong compliance-led execution. With this partnership, Rémy Cointreau aims to deepen its India strategy through a single-window platform backed by scale, efficiency, and market intelligence.

"We are thrilled to take forward Rémy Cointreau's exceptional spirits portfolio across India," said Kunal Patel, Managing Director of Monika Alcobev Limited. "This consolidation reflects a shared commitment to longterm market development, premium consumer experiences, and the kind of transparency global brands increasingly expect from their India operations."

With renowned brands such as Rémy Martin, Louis XIII, The Botanist, Cointreau, St-Rémy, Bruichladdich, Metaxa and Mount Gay under its banner, the Group brings a legacy of craftsmanship that aligns closely with Monika Alcobev Limited's values and distribution ethos.

Hemang Chandat, Chief Commercial Officer, Monika Alcobev Limited added: "Our teams are deeply engaged across India, from Delhi, Haryana and Jaipur to Mumbai, Goa and Bangalore, and beyond. This partnership allows us to streamline operations, offer stronger brand visibility, and drive deeper relationships with customers who already love Rémy Cointreau's iconic brands."

Rémy Cointreau joins a growing list of prestigious international brands that have chosen Monika Alcobev as their preferred India partner, strengthening the company's standing as the country's most trusted import, distribution and marketing platform in the premium alcobev segment.

"Consolidating our presence across India with a single unified mandate and partner will undeniably strengthen our position on this market.

We are confident Monika Alcobev Limited teams will build and drive an ambitious and sustainable growth plan for our brands as well as creating memorable and culturally relevant experiences for the Indian consumer. We look forward to working with our partners Monika Alcobev to accelerate the growth and sustainable value we believe exists in the Indian market", comments Ian McLernon Group Chief Markets Officer of Rémy Cointreau.

The transition is currently underway and will be completed seamlessly across retail, and HORECA over the coming months.

Shares of Monika Alcobev Limited was last trading in BSE at Rs. 185.35 as compared to the previous close of Rs. 189.40. The total number of shares traded during the day was 6400 in over 15 trades.

The stock hit an intraday high of Rs. 198.00 and intraday low of 185.25. The net turnover during the day was Rs. 1222600.00.