Please find enclosed Notice of 17th Annual General Meeting of the Company to be held on Tuesday, July 8, 2025 at 3.00 p.m. through VC/OAVM
Awaiting price reaction for this filing.
Allied Blinders and Distillers Limited (ABDL) has submitted the notice for its 17th Annual General Meeting to be held on Tuesday, July 8, 2025, at 3:00 PM via Video Conference (VC) / Other Audio-Visual Means (OAVM). Along with the AGM notice, the company filed its Annual Report for FY 2024-25, being sent electronically to shareholders. The report highlights record financial performance: income from operations of ₹3,541 crores (up 6.2%), highest-ever EBITDA of ₹451 crores (up 81.7% YoY), and net profit of ₹195 crores versus just ₹2 crores in FY24. Gross margins expanded to 42.1% (up 512 bps) and ROCE rose to 22.6%. The board has recommended a final dividend of 180% (₹3.6 per share). The company, India's largest spirits maker by volume, exports to 23 countries and got listed on BSE/NSE in July 2024.
This is a routine AGM and annual report filing with no immediate stock price catalyst. However, the embedded annual report confirms record profitability, a 180% dividend, credit rating upgrade to IND A-, and ₹525 crore capex for backward integration — all supportive of long-term shareholder value. Investors should watch for AGM voting outcomes and management commentary at the meeting.