Allied Blenders and Distillers has received its board’s approval for acquisition of Assets relating to a Non-operational Distillery cum Bottling Facility in Uttar Pradesh (Land, Building, Plant, Machinery & Licenses) from National Industrial Corporation (NICOL) for an aggregate consideration of upto Rs 70 crore towards acquisition cost with statutory levies and charges. Further, upto Rs 40 crore towards upgradation of ground infrastructure and setting up Bottling Unit, total aggregating upto Rs 110 crore. 

Pursuant thereto, the company has also entered into the relevant Definitive Agreements. The said proposed acquisition is in line with the growth strategy and to enhance backward integration capabilities of the Company. The acquisition is to be completed by July 31, 2026 and the upgradation within 12 months of acquisition. The Management Committee of the Board of Directors of the company at its Meeting held on January 16, 2026, has, inter alia, considered and approved the same. 

Allied Blenders and Distillers is an Indian-made foreign liquor company. The company offers four Indian-made foreign liquor categories: whisky, brandy, rum, and vodka.