Associated Alcohols & Breweries Ltd. — Board Meeting, 08-08-2025: Outcome of Board Meeting
08-08-2025 | 04:51 pm
08-08-2025 | 04:51 pm
Associated Alcohols & Breweries has announced a board meeting where it approved its consolidated financial results for the quarter ending June 30, 2025. The company also confirmed no deviation in the use of funds raised via preferential warrants. Of the Rs. 10.91 Cr raised in March 2024 for the UP bottling unit, the majority remains unutilized but earmarked for its purpose. For the Rs. 18.67 Cr raised in October 2024 for future expansion, including the Malt plant and UP bottling, nearly all funds have been utilized as planned. This signals consistent progress on strategic capital allocation.
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