Pincon Spirit is planning to invest nearly Rs. 400 crore in the next two years for the expansion of its liquor and FMCG divisions. The FMCG division includes edible oils (mustard, soya and palm). Funds are likely to be raised through a combination of non convertible debentures (NCDs), fresh equity and deposits from shareholders and public.
Pincon Spirit is engaged in the business of Blending, Bottling and Wholesale Distribution of Indian Made Foreign Liquor (IMFL) Products viz. Rum, Whisky, Vodka, Brandy and Beer (alcoholic beverage).