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ALLIED BLENDERS DISTILLERY
Two Trades for Today: A top industrial explosives maker for a 6.7% rise, a mid-cap brewery stock for a 7% gainOur technical analysts identify select stocks every trading day that may gain momentum even in volatile markets. Here are the technical cal...- Authorities allege Pernod Richard withheld Scotch composition, age in effort to pay lower tariffs under $314 mln refund caseIndian tax authorities are in a legal fight with Pernod Ricard. Investigators claim the French company hid the true value of Scotch whisky ...
- Allied Blenders to acquire assets of NICOL's non-operational unit in UPAllied Blenders and Distillers has approved the acquisition of a non-operational distillery and bottling facility in Moradabad, Uttar Prade...
- 'What is this, juice?': SC sounds alarm on 'dangerous' liquor tetra packs, warns how students could sneak them into schoolsThe Supreme Court expressed serious concern over the sale of liquor in tetra packs, deeming the packaging potentially dangerous and mislead...
- SC appoints ex-judge Nageswara Rao to mediate ‘Original Choice vs Officer's Choice’ whisky trademark clashThe Supreme Court has appointed former judge L Nageswara Rao to mediate a trademark dispute. The case involves John Distilleries, selling O...
- Stocks in news: RBL Bank, Adani Total Gas, IOB, Airtel, Allied Blenders, Man IndustriesMarkets traded subdued on expiry day, ending almost unchanged amid mixed cues, with rate-sensitive sectors in focus ahead of the RBI policy...
- Allied Blenders to enter single malt whisky, expects turnover to double in 5 yearsAllied Blenders and Distillers will enter the single malt whisky segment. A third distillery is planned for Rangapur. The company will expa...
- USL to acquire majority stake in Nao SpiritsDiageo India's acquisition of a majority stake in Nao Spirits is underway. The enterprise value is estimated at Rs 130 crore. This move fol...
- India-UK FTA: Duty concession on Scotch to boost premium drive of Indian distillersIndian whisky distillers anticipate improved margins and faster growth due to duty concessions on Scotch imports under the India-UK FTA. Th...
- ABD acquires Pumori gin and Woodburns whiskey; strengthens premium spirits portfolioAllied Blenders and Distillers has acquired brands Pumori gin and Woodburns whiskey from Fullarton Distilleries for nearly Rs40 crore. This...
- Alcobev cos note improving recovery and growth in premium spirits category post pandemic: Emkay Global reportCompanies highlighted the impact on the regular segment as consumers downtraded to cheap or country liquor in some states amid the pandemic...
- Covid-19 impact: Liquor firms fear return of restrictions amid chaos at outletsRetailers that opened doors in Karnataka, Maharashtra, Delhi, West Bengal and Andhra Pradesh noted serpentine queues as tipplers planned st...
- Covid-19 impact: Liquor stores may face dry days aheadExisting stock will be exhausted and replenishment could take a month or so.
- Covid-19 outbreak: Liquor firms to seek licence for sanitisersThe industry will also meet drug controllers to seek and fast-track issuance of required licences and nods. Ethyl alcohol, a key raw materi...
- Kishore Chhabria-promoted ABD acquires Shasta Bio Fuels for Rs 200 croreABD has bought Shasta Bio Fuels for around Rs 200 crore as it tries to boost in-house production, especially in one of the country's larges...
- Allied Blenders & Distillers acquires Bengal-based Wales DistilleriesAllied Blenders & Distillers (ABD) today said it has acquired the Bengal-based Wales Distilleries for an undisclosed amount.
- IPAB set to decide on 16-yr-old dispute over the brand name Original ChoiceThe producers of Officer’s Choice whisky had challenged the use of the brand name that sounds and looks similar to its name.
- Liquor, hotel companies shares rise ahead of festive seasonAmong alcohol Cos & alcohol beverages sector, Pioneer Distilleries topped the gainers, recording a 30% spurt in the past one week.
- Liquor industry undergoing ‘premium-isation’Customers are raising a toast to premium brands as the cheap and cheerful ones stay firmly on the shelf.
- ABD to pump in Rs 400 cr in expansions, plans acquisitionsAllied Blenders and Distilleries (ABD), makers of 'Officers Choice' whisky, is investing Rs 400 crore on expansion, which will include acqu...
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