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Allied Blenders to acquire majority stake in new company with Ranveer Singh

05 Sep 2024 Evaluate

Allied Blenders and Distillers has planned to acquire a majority stake (not less than 80%) of a new company to be formed in collaboration with well-known film celebrity Ranveer Singh (represented by Oh Five Oh Talent Limited Liability Partnership) for undertaking manufacturing, distribution, licensing and marketing of various types of luxury and premium spirits comprising of owned and third party brands.

The new entity proposed to be incorporated will be a part of alcoholic beverages (alcobev) industry. The Board of Directors at its meeting held on September 04, 2024, has approved the same.

Allied Blenders and Distillers is an Indian-made foreign liquor company. The company offers four Indian-made foreign liquor categories: whisky, brandy, rum, and vodka.


Allied Blenders Share Price

573.50 33.60 (6.22%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
United Spirits 1303.00
United Breweries 1494.10
Radico Khaitan 3188.25
India Glycols 975.65
Allied Blenders 573.50
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