Allied Blenders and Distillers Limited has informed the Exchange about convening of 18th Annual General Meeting on July 6, 2026
ABDL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Allied Blenders and Distillers (ABDL) reported standalone FY2026 revenue of ₹7,510.83 crore, down 7% from ₹8,072.96 crore in FY2025, but profit after tax surged 34% to ₹268.33 crore from ₹200.13 crore. EBITDA rose to ₹604.17 crore from ₹453 crore, showing strong operational improvement despite revenue decline. The Board recommended a 50% dividend hike to ₹5.40 per share (₹3.60 last year), payable upon shareholder approval at the July 6 AGM, with record date June 26, 2026. Separately, the company approved fundraising of up to ₹1,000 crore via equity/debt securities or QIP. Key legal matters include a ₹33.99 crore CSD arbitration claim and ₹46.05 crore income-tax expense (including interest) from a 2023 IT search, though the promoter chairman has personally guaranteed any residual tax liability.
Strong bottom-line growth with 34% PAT increase is positive. The 50% dividend raise signals confidence and rewards shareholders. The ₹1,000 crore fundraising approval may dilute equity but supports expansion plans. Legal contingencies (CSD dispute, IT matters) remain watch items.