Allied Blenders and Distillers Limited has informed the Exchange about Acquisition
ABDL · price
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Allied Blenders and Distillers Limited (ABDL), the maker of Officer's Choice whisky, has approved acquiring up to 50% stake in Kion Blenders Industries Private Limited (KION), making it a subsidiary of ABDL. ABDL will invest up to Rs. 45 crore in tranches (starting with a primary investment of Rs. 50,000 for 5,000 equity shares), with the other shareholder also investing Rs. 45 crore. The total project cost is approximately Rs. 300 crore, with the balance funded through debt. KION will set up a 200 KLPD dual-mode distillery at Vizianagaram, Andhra Pradesh, producing ENA and ethanol. KION was incorporated on August 25, 2025 and has no financial history yet. The acquisition is expected to close by June 2026, with distillery commissioning planned for Q4 FY28.
This acquisition strengthens ABDL's backward integration by adding distillation capacity for ENA and ethanol, which should improve margins and secure raw material supply. The investment size is moderate relative to ABDL's scale, and the new distillery will take roughly 2.5 years to commission, so near-term impact is limited but the long-term growth story gets a boost.