Ravi Kumar Distilleries has received an approval from its board to acquire Liquors India, Hyderabad, Andhra Pradesh by 100% share purchase agreement from the shareholders of Liquors India.
Recently, the company had signed a share purchase pact for acquisition of 51% of the equity shares of S V Distilleries, Bidar in Karnataka. This would enable the company to control the management of S V Distilleries.
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. The IMFL comprises of Whisky, Brandy, Rum, Gin & Vodka.
