Som Distilleries & Breweries is planning to raise funds through issuance of securities of the Company by way of Qualified Institutional Placement (QIP) and other permissible modes for an amount not exceeding Rs 350 crore subject to approval of Members at the ensuing Annual General Meeting. The meeting of the board of directors of the company scheduled to be held on September 27, 2023 to consider the same.
Som Distilleries & Breweries is engaged in the business of brewing, fermentation, bottling, canning and blending of beer and Indian made foreign liquor.