Radico Khaitan Limited's Board has approved merging its eight wholly-owned and step-down subsidiaries into the parent company.

This amalgamation aims to streamline operations, reduce administrative costs, and enhance overall efficiency.

The move seeks to optimize resource utilization and create better shareholder value.

There is no cash or share consideration, as the subsidiaries' shares held by Radico Khaitan will be cancelled.

Importantly, this merger will not change Radico Khaitan's existing shareholding pattern, ensuring no dilution for current investors.

The objective is structural simplification and cost optimization.