Allied Blenders & Distillers Ltd share Price Today

Allied Blenders and Distillers Limited was originally incorporated as `You and Me Properties Private Limited`, dated October 8, 2008 and thereafter, was changed to `Moonlight Blenders and Distillers Private Limited`, vide a fresh Certificate of Incorporation on July 22, 2009 by the RoC. Pursuant to a Scheme of Amalgamation between Allied Blenders and Distillers Private Limited, Own Properties Private Limited and the Company, dated April 1, 2009, and an Order of the Bombay High Court dated February 5, 2010, the entire business undertakings of Allied Blenders and Distillers Private Limited and Own Properties Private Limited were transferred to Company and consequently, name of the Company was changed to `Allied Blenders and Distillers Private Limited`, dated April 30, 2010 issued by the RoC. Subsequently, Company converted to a Public Company and its name was changed to `Allied Blenders and Distillers Limited`, vide a fresh Certificate of Incorporation by the RoC on June 8, 2022. The Company is engaged in the manufacturing, marketing and sale of alcoholic beverages/ liquids. The manufacturing network includes one owned distillery, nine owned bottling units and 22 non-owned manufacturing units. The product range includes 5 main categories: whisky, brandy, rum, vodka and others. The flagship brand, Officer`s Choice Whisky was launched in 1988 with its entry into the mass premium whisky segment. In 2010, the Company launched the brand `Jolly Roger` , the brand `Officer`s Choice Blue` in 2011; `Kyron`, a premium brandy segment in 2012. The High Court of Bombay, pursuant to an Order dated December 5, 2015, sanctioned the amalgamation of Wales Distillers Private Limited (WDPL), erstwhile wholly-owned subsidiary, into Company. Pursuant to amalgamation, the businesses of WDPL and Company were consolidated in the Company. The National Company Law Tribunal, Mumbai Bench, pursuant to an Order dated April 5, 2017, sanctioned the amalgamation of Unokoti Bottling and Beverage Private Limited (UBBPL), erstwhile wholly-owned subsidiary, with Company. Pursuant to amalgamation, the businesses of UBBPL and Company were consolidated in Company. The National Company Law Tribunal, Mumbai Bench, pursuant to an Order dated April 6, 2017, sanctioned the demerger of the bottle trading, and bottling and distilleries undertaking of Tracstar Investments Private Limited (TIPL), one of the group companies, to Company, which was effective on June 27, 2017. The National Company Law Tribunal, Mumbai Bench, pursuant to an Order dated May 16, 2018, sanctioned the merger of the then holding company, Erstwhile Bina Kishore Chhabria Enterprises Private Limited (BKCEPL), into the Company, which became effective on July 28, 2018. The National Company Law Tribunal, Mumbai Bench, pursuant to an Order dated July 27, 2020, sanctioned the merger of Henkell & Company India Private Limited (HCIPL), the erstwhile wholly-owned subsidiary with Company effective from August 24, 2020. Sterling Reserve Blend 7 and Sterling Reserve Blend 10 launched in year 2017 became the 3rd largest selling brand in the semi-premium whisky segment, in year 2020 and was ranked as the fastest growing spirits brand by Drinks International. As of March 31, 2022, the product portfolio comprised 10 brands of IMFL with six brands of whisky that include flagship Officer`s Choice Whisky and Sterling Reserve Whisky, two brands of rum, three brands of brandy and one brand of vodka, respectively. The Company is planning to come out with an Initial Public Offer, aggregating of Rs 2000 crores Equity Shares, by raising capital of Rs 1000 crore through fresh issue and Rs 1000 crore through Offer for Sale.

Allied Blenders & Distillers share price as on 05 Jul 2024 is Rs. 337.5. Over the past 6 months, the Allied Blenders & Distillers share price has increased by 0% and in the last one year, it has increased by 6.17%. The 52-week low for Allied Blenders & Distillers share price was Rs. 306.7 and 52-week high was Rs. 344.9.