Allied Blenders and Distillers Limited — JV/Acquisition, 03-08-2026: Amalgamation/Merger
03-08-2026 | 07:43 pm
03-08-2026 | 07:43 pm
Allied Blenders and Distillers Ltd (ABDL) announced NCLT approval for its merger with wholly-owned subsidiaries, Deccan Star Distilleries India Pvt Ltd and Sarthak Blenders & Bottlers Pvt Ltd. This strategic move aims to simplify the group structure, reduce operational costs, and streamline compliances. As the merging entities are wholly-owned, there will be no new share issuance or change in ABDL's shareholding pattern, ensuring no dilution for existing shareholders. The scheme is effective from April 1, 2025, consolidating operations and enhancing administrative efficiency.
No comments yet. Be the first to comment!
All announcements from Allied Blenders and Distillers Limited
