BCL Industries Ltd. to Acquire 100% Stake in Svaksha Distillery Ltd., Announces Land Sale

BCL Industries Ltd. announced the approval of several key decisions during a Board of Directors meeting on December 4, 2025. The company has authorized the sale of its land in Bathinda and approved the acquisition of an additional 25% stake in its subsidiary, Svaksha Distillery Limited, making it a 100% subsidiary. This strategic acquisition is expected to strengthen BCL's position in the grain-based ethanol sector in India. The total investment outlay for the acquisition is approximately INR 55 Cr. The acquisition will result in synergies for both companies, including cost controls, industry knowhow, and market insights. Svaksha Distillery Limited, incorporated in 2014, has a 300 KLPD ENA/grain-based ethanol unit and a history of increasing turnover over the past three years. It is present in India and reported a turnover of INR 845 Crores in FY 2024-25.