JV/AcquisitionAcquisition
Allied Blenders and Distillers (ABDL) is investing ₹62 Cr in its subsidiary, Minakshi Agro Industries LLP (MAILLP), to significantly expand manufacturing capacity.
Allied Blenders and Distillers LimitedABDL · Filed with the exchange
This capital includes ₹54 Cr for a new state-of-the-art bottling facility and ₹8 Cr for additional land.
The strategic move aims to meet increasing demand for ABDL's portfolio in Western India and international markets.
Additionally, ABDL is restructuring ₹225 Cr of MAILLP's previously approved Capex, converting it to a corporate guarantee, optimizing financial structure.
MAILLP, a grain spirit manufacturer, reported ₹15.90 Cr turnover in FY25.
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