Business Update21 Sept 2024, 04:53 pm
India Glycols Ltd. Ties Up with Amrut Distilleries for Royalty-Based Manufacturing, Marketing, and Selling
AI Summary
India Glycols Ltd. has entered into a tie-up with Amrut Distilleries Private Limited, Bengaluru, for manufacturing, bottling, marketing, and selling of Amrut’s premium brands on a royalty basis. The brands included in the tie-up are Amrut's Maaintosh Special Edition (Delhi, Uttarakhand), Amrut's Madgintosh Premium Special Edition (Uttar Pradesh), Amrut's Maagintosh White Label (Delhi, Haryana), Amrut’s Bejois XO Brandy (Delhi, Uttarakhand), and Amrut's Old Port Rum (Delhi, Haryana, Uttarakhand). The Board of Directors took note of this development in a meeting held on 215 September 2024.
Key Highlights
- India Glycols Ltd. has tied up with Amrut Distilleries for manufacturing, bottling, marketing, and selling of Amrut’s premium brands on a royalty basis.
- The tie-up includes brands such as Amrut's Maaintosh Special Edition, Amrut's Madgintosh Premium Special Edition, Amrut's Maagintosh White Label, Amrut’s Bejois XO Brandy, and Amrut's Old Port Rum.
- The agreement covers states including Delhi, Uttarakhand, Uttar Pradesh, and Haryana.
- The Board of Directors took note of this development in a meeting held on 215 September 2024.