ALPHA TRIBE

Associated Alcohols & Breweries Ltd.Results, 25-01-2025: Integrated Filing- Financial

25-01-2025 | 04:51 pm

Associated Alcohols & Breweries Limited has filed its integrated financial results for the quarter and nine months ended December 31, 2024. The company raised Rs. 10.91 Crores through the issuance of convertible warrants on March 28, 2024, and Rs. 18.67 Crores on October 7, 2024, both aimed at capital expansion projects, including a new malt plant and a bottling cum distillery unit in Uttar Pradesh. The absence of deviations in fund utilization reflects sound management governance. This steady funding approach may provide a positive outlook for investors, suggesting solid growth potential.

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