Allied Blenders and Distillers Limited has informed the Exchange about change in Management for Change in Marketing Director and Senior Management Personnel of the Company and Notice of Postal Ballot
ABDL · price
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ABDL announced a change at the Marketing Director level: Mr. Arvind Hangal stepped down with immediate effect on May 13, 2025, to take up a senior sales and marketing role at subsidiary ABD Maestro Private Limited. Replacing him is Mr. Arvind Mohta, effective May 14, 2025, who brings 19+ years of commercial sales and marketing experience from companies like United Spirits, Diageo, Johnson & Johnson, Pernod Ricard India, and Mahindra & Mahindra Holidays. Separately, the company has also issued a Postal Ballot notice seeking shareholder approval for three items: extending ESOP grants under ESOS 2024 to subsidiary employees, re-appointing Mrs. Resham Chhabria J Hemdev as Vice Chairperson (Whole-time Director) for three years from April 1, 2025, and re-appointing Mr. Arun Barik as Executive Director (Whole-time Director) for three years from August 9, 2025.
The marketing leadership transition appears orderly and internal-to-group, with the outgoing director moving to a subsidiary role, while the new appointment brings strong industry experience from major spirits and FMCG companies, which is positive for continuity. The Postal Ballot items — ESOP expansion to subsidiaries and re-appointments of two whole-time directors including a promoter-family member — are routine governance matters that shareholders will need to vote on.