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.
| Company Name | CMP |
|---|---|
| United Spirits | 1303.00 |
| United Breweries | 1494.10 |
| Radico Khaitan | 3188.25 |
| India Glycols | 975.65 |
| Allied Blenders | 573.50 |
| View more.. | |
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