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Allied Blenders and Distillers Limited ( (IN:ABDL) ) has shared an update.
Allied Blenders and Distillers Limited has approved entering into a shareholders’ and share purchase agreement to acquire up to 50% of Kion Blenders Industries Private Limited, which will become its subsidiary. Kion, incorporated in August 2025, operates in the alco-bev value chain, handling refining, distilling, rectifying, fermenting, blending and trading of extra neutral alcohol, ethanol, industrial and potable alcohol.
The acquisition aligns with Allied Blenders’ growth strategy to enhance distillation capacity and secure supply, anchored by a planned 200 KLPD dual-mode distillery at Vizianagaram, Andhra Pradesh, with an overall project cost of about Rs.300 crore. Allied Blenders and the other shareholder will each invest up to Rs.45 crore in tranches, with the balance funded through debt, and the initial stake purchase targeted by June 2026 and commissioning of the distillery expected by Q4 FY28, potentially improving margins and strengthening its position in the alco-bev supply chain.
More about Allied Blenders and Distillers Limited
Allied Blenders and Distillers Limited is a spirits manufacturer in the alco-bev industry, known for producing and marketing alcoholic beverages in India. The company focuses on building an integrated supply chain for extra neutral alcohol and related inputs to support its branded liquor portfolio and expand capacity across key regional markets.
Average Trading Volume: 29,246
Technical Sentiment Signal: Sell
Current Market Cap: 132.9B INR
Learn more about ABDL stock on TipRanks’ Stock Analysis page.