Associated Alcohols & Breweries Ltd. — Important, 08-08-2025: Updates

Associated Alcohols & Breweries (AABL) has released its Q1 financial results. The company confirmed no deviation in the utilization of funds from its preferential warrant issues. Of the Rs. 10.91 Cr raised in March 2024 for a UP bottling/distillery unit, Rs. 10.81 Cr remains unutilized but earmarked, with Rs. 0.085 Cr used for issue expenses. Meanwhile, the entire Rs. 18.67 Cr raised in October 2024 for future expansion, including the Malt plant and UP bottling, has been fully utilized as intended. This highlights the ongoing capital deployment for AABL's growth projects.