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An announcement from Associated Alcohols & Breweries Ltd. ( (IN:ASALCBR) ) is now available.
Associated Alcohols & Breweries Limited has secured approval from the National Company Law Tribunal’s Kochi Bench for its ₹30.85 crore resolution plan to acquire SDF Industries Ltd., a distillery-cum-bottling unit in Thrissur, Kerala. Once completed under the approved plan, SDF Industries will become a wholly owned subsidiary, adding IMFL bottling capacity of roughly 3.6 lakh cases a year and an ENA distillery license for 75 lakh liters annually.
The SDF facility sits on around 10 acres at a strategic central Kerala location on the Thrissur–Palakkad border, with strong connectivity to key airports and proximity to Coimbatore for packaging supplies. By bringing bottling operations in-house in this important growth market, AABL expects tighter control over production and efficiency, strengthening its competitive position and supporting future expansion in Kerala’s lucrative alco-bev segment.
More about Associated Alcohols & Breweries Ltd.
Associated Alcohols & Breweries Limited is a listed Indian alco-beverage company with shares traded on the BSE and NSE, operating distillery and bottling facilities and focusing on the Indian-made foreign liquor market. The company has been active in Kerala since 2018, where it ranks among the top three private players and sells about 1.5 lakh cases per month, highlighting the state as a key growth market for its branded liquor portfolio.
Average Trading Volume: 3,499
Technical Sentiment Signal: Buy
Current Market Cap: 16.82B INR
For a thorough assessment of ASALCBR stock, go to TipRanks’ Stock Analysis page.