Announced Wed, 15 Apr · 17:58 IST

Allied Blenders and Distillers Limited has informed the Exchange regarding Cessation of Mr. Uday Rao as Senior Management Personnel of the Company w.e.f. April 15, 2026.

Management Changes View source PDF

ABDL · price

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▲ 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
+11.1%1-day move
₹517.50
prior close
₹519.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+0.0+0.3+0.4+11.1+10.9+9.1+7.4+9.2+7.2+14.6+2.0+21.7+21.4
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AI summary

Allied Blenders and Distillers Limited has appointed Dr. Pradipta Basu as Chief Marketing Officer and Senior Management Personnel effective April 15, 2026. Dr. Basu is a senior FMCG professional with over 25 years of experience, having previously worked at Radico Khaitan, United Spirits, ITC, and Godfrey Phillips. Concurrently, due to a change in reporting structure following this appointment, Mr. Arvind Mohta and Mr. Uday Rao cease to be classified as SMPs while continuing in their roles as Marketing Directors of the company.

Likely market impact

The appointment of an experienced CMO signals strengthened marketing leadership at the whisky and spirits company. The cessation of SMP classification for Mr. Uday Rao and Mr. Arvind Mohta is a structural change, not a departure, as they retain their Marketing Director positions.