Franchise Tie-up with Vintage Distillers for Liquor Bottling
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Suraj Industries has signed a Franchise Tie-up Agreement with Vintage Distillers Ltd on July 16, 2026, to bottle and pack Country Liquor and Rajasthan Made Liquor products on a job work basis at its Ajmer plant. The company will earn Rs 80 per case plus GST in bottling charges, with a minimum assured volume of 7,000 cases per month. Vintage Distillers will also provide an interest-free security deposit of Rs 10 lakh, adjustable against monthly bottling charges. The agreement runs from August 1, 2026 to March 31, 2027. It is not a related party transaction and involves no equity stake.
Adds a new revenue stream from liquor contract bottling and should lift capacity utilisation at the Ajmer plant, though the deal is short-term (8 months).