Acquisitions20 Apr 2026, 04:20 pm
Associated Alcohols Acquires SDF Industries for ₹30.85 Cr
AI Summary
Associated Alcohols & Breweries Ltd announced the acquisition of SDF Industries Limited for ₹30.85 crore. The acquisition, approved by the National Company Law Tribunal (NCLT), Kochi Bench, includes a distillery with a capacity of 75 Lakhs Litres per annum of potable alcohol and an IMFL bottling plant with an annual capacity of 3.6 million cases. This move aims to enhance operational efficiency, cost-effectiveness, and strengthen the company's manufacturing capabilities in Kerala, where it already has a significant market presence. The acquisition is expected to be completed within 30 days and will result in SDF Industries becoming a wholly-owned subsidiary.
Key Highlights
- Acquisition of SDF Industries for ₹30.85 crore approved by NCLT.
- Acquisition includes distillery and IMFL bottling plant in Kerala.
- Aims to enhance operational efficiency and manufacturing capabilities.
- SDF Industries will become a wholly-owned subsidiary.
- Acquisition completion targeted within 30 days.