Associated Alcohols & Breweries Ltd. — Others, 26-04-2025: Utilisation of Funds

Associated Alcohols & Breweries Limited confirmed no deviation in fund utilization from the objectives stated during the preferential issue of convertible warrants. A total of ₹10.91 Cr was raised from issuing 900,000 warrants on March 28, 2024, and ₹18.67 Cr from 1,100,000 warrants on October 7, 2024. Funds are earmarked for investments in a bottling and distillery unit in Uttar Pradesh, and future expansion projects, including a malt plant. As of March 31, 2025, funds remain unutilized and allocated as intended.