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.
| Company Name | CMP |
|---|---|
| United Spirits | 1382.25 |
| United Breweries | 1483.65 |
| Radico Khaitan | 3198.55 |
| India Glycols | 973.15 |
| Allied Blenders | 561.05 |
| View more.. | |
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