Associated Alcohols & Breweries Ltd. has informed the Exchange regarding a revised press release dated April 23, 2026, titled "Submission of Revised Press Release pursuant to NCLT Order under IBC".
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Associated Alcohols & Breweries Limited received NCLT approval on April 16, 2026, for its resolution plan to acquire SDF Industries Ltd., a distillery-cum-bottling unit in Thrissur, Kerala, at a cost of ₹30.85 crore. Upon completion, SDF Industries will become a wholly owned subsidiary of AABL. The acquisition provides an IMFL bottling capacity of ~3.60 lakh cases per month and an ENA distillery license capacity of 75 lakh liters per annum. AABL plans to shift its existing brands (like Lemount White Brandy and Mood Maker Vodka) from third-party bottling to in-house production, with operations targeted to commence by September 2026. The revised press release only corrected a typographical error in the original filing—bottling capacity was misstated as per annum instead of per month.
This acquisition strengthens AABL's position in Kerala, where it is already among the top 3 private liquor players, by bringing bottling operations in-house. It should improve operational efficiency, quality control, and potentially boost margins through operating leverage.