BCL Industries Acquires Remaining 25% Stake in Svaksha Distillery for ₹55 Cr

BCL Industries Limited has successfully completed the acquisition of the remaining 25% equity stake in M/s. Svaksha Distillery Limited for a cash consideration of ₹55 crore. This transaction, involving the purchase of 14,98,632 equity shares, makes Svaksha Distillery a wholly owned subsidiary of BCL Industries. The acquisition is expected to enhance strategic and operational alignment, drive operational synergies, improve capital allocation, and accelerate decision-making, supporting BCL's long-term growth strategy. Svaksha Distillery, with an installed capacity of 350 KLPD, has shown significant growth, with revenues increasing from ₹187 crore in FY23 to ₹399 crore in FY26. This move further strengthens BCL's position in the grain-based ENA and ethanol industry.