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Allied Blenders and Distillers informs about acquisition

02 Mar 2026 Evaluate

Allied Blenders and Distillers has informed that in compliance with Regulation 30(6) SEBI Listing Regulations, the Management Committee of the Board of Directors of the Company at its Meeting held today, March 02, 2026, has considered, approved to enter into Shareholders’ Agreement and Share Purchase Agreement with the existing Shareholders of Kion Blenders Industries (‘KION’), to acquire upto 50% of paid-up Share Capital of KION from its existing Shareholder. Further, in terms of Shareholders’ Agreement, KION would become a Subsidiary of the Company. The company has enclosed the details in respect of the above as prescribed under the SEBI Listing Regulations read with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, as Annexure A. The Meeting concluded at 03:35 PM (IST). This intimation is being made available on the Company's website at www.abdindia.com.

The above information is a part of company’s filings submitted to BSE.

Allied Blenders Share Price

511.30 44.50 (9.53%)
10-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
United Spirits 1267.50
United Breweries 1454.95
Radico Khaitan 2793.00
India Glycols 922.60
Allied Blenders 511.30
View more..

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