Ravi Kumar Distilleries has received e-auction sale notice from State Bank of India (SBI) for sale of the charged properties relating to the cash credit facility availed by the company, on January 27, 2016 under SARFAESI Act, 2002. The company is making all efforts to expeditiously resolve the matter.
Ravi Kumar Distilleries is engaged in the business of manufacturing and trade of Indian Made Foreign Liquor (IMFL) under their own brand portfolio as well as under tie-up arrangements with other companies.