Allied Blenders and Distillers Limited has informed the Exchange about Disclosure under Regulation 30 of SEBI LODR, 2015
ABDL · price
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The Board of Allied Blenders and Distillers (ABDL), via a resolution passed by circulation on May 13, 2025, approved three key items. First, Mr. Arvind Mohta, a seasoned marketing professional with 19+ years of experience at United Spirits, Pernod Ricard, Johnson & Johnson and others, has been appointed as Marketing Director and Senior Management Personnel effective May 14, 2025. Second, Mr. Arvind Hangal has stepped down as Marketing Director with immediate effect to take up a senior role at ABD's subsidiary ABD Maestro Private Limited. Third, a Postal Ballot notice has been issued to seek shareholder approval for granting stock options to employees of subsidiary companies under ESOS 2024, and for re-appointing Mrs. Resham Chhabria J Hemdev as Vice Chairperson (for 3 years from April 1, 2025) and Mr. Arun Barik as Executive Director (for 3 years from August 9, 2025).
These are routine corporate governance updates with no material impact on financials. The seamless internal transition (Hangal moving to a subsidiary role) suggests continuity in the group's marketing leadership. Shareholders will get to vote on ESOP expansion and director re-appointments via postal ballot.