The Board has approved Audited Standalone and Consolidated financials results of the Company for the quarter and year ended March 31, 2026 along with other ancillary matters.
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The Board of Directors approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. The company reported consolidated revenue of ₹0.20 lakhs with a net loss of ₹367.14 lakhs for FY26. Key highlights include the proposed acquisition of an alco-beverage production unit from United Spirits Limited at Gopalpur, Odisha for approximately ₹22.50 Crores with 2,50,000 cases per month capacity. The company also announced plans to explore additional alco-beverage manufacturing unit acquisitions across India. The Group's expansion strategy includes licensed production capacities of approximately 8.40 million cases (IMFL/IML), 1.50 million cases (Beer), and 1.09 million litres (Craft/Micro Brewery). The paid-up equity share capital increased to ₹91.34 Crores following a preferential allotment of 3,93,60,307 equity shares in March 2026.
The acquisition from United Spirits Limited represents a significant expansion move that could substantially increase the company's production capacity and market presence in the alco-beverage sector. However, the company continues to incur losses, and shareholders should monitor the execution of these expansion plans and the timeline for achieving profitability.