Allied Blenders and Distillers Limited — Important, 14-08-2025: General Updates
14-08-2025 | 07:47 pm
14-08-2025 | 07:47 pm
Allied Blenders and Distillers Limited (ABDL) will not proceed with its planned acquisition of up to 51% in Good Barrel Distillery Private Limited. Renegotiation of commercial terms during due diligence failed to result in a mutual agreement. The company stated this withdrawal has no material financial impact, as the transaction was at a preliminary stage. ABDL will continue exploring both organic and inorganic growth opportunities.
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