Announced Thu, 21 May · 18:56 IST

Allied Blenders and Distillers Limited has informed the Exchange regarding Change in Director(s) of the company.

Ceo ResignedKmp ResignedCeo Appointed ExternalManagement Changes View source PDF

ABDL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.4%1-day move
₹537.00
prior close
₹528.60
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.6+2.2+2.6+3.4-0.4+0.9+0.5+5.5+2.7+6.9+16.8+17.5+14.9
Up moveDown movePending
AI summary

Allied Blenders and Distillers Limited announced a leadership change effective June 1, 2026. Mr. Alok Gupta will step down as Managing Director and KMP at the end of business hours on May 31, 2026. He will be succeeded by Mr. Amar Sinha, who has been appointed as Additional Director and Managing Director & KMP for a 3-year term ending May 31, 2029, subject to shareholder approval. Mr. Amar Sinha is a seasoned industry professional with over three decades of experience in the alco-beverage sector, having previously served as COO at Radico Khaitan and MD at Whyte & Mackay India. He was already serving as Managing Director-Designate since April 2, 2026.

Likely market impact

This represents a significant management transition at the CEO level. Shareholders should note that Mr. Sinha brings extensive external industry experience, which could bring fresh perspective to the company's strategy and operations. The change is subject to member approval at the next general meeting.