ABDL gets NCLT nod to absorb two wholly-owned subsidiaries
ABDL · price
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Allied Blenders and Distillers (ABDL) has received the certified copy of the NCLT Hyderabad order dated July 28, 2026, sanctioning its scheme to merge two wholly-owned subsidiaries, Deccan Star Distilleries India and Sarthak Blenders and Bottlers, into ABDL. Appointed date is April 1, 2025. Since both are wholly-owned, no new shares will be issued and the shareholding pattern of ABDL will not change. Scheme becomes effective upon filing the certified copy with the Registrar of Companies. The merger aims to simplify group structure and cut administrative and compliance costs.
Internal restructuring with no share dilution or change in shareholding. Streamlines ABDL group structure, likely neutral to positive for shareholders.