
Partnership16 Jul 2026, 07:20 pm
Suraj Industries Signs Franchise Agreement with Vintage Distillers
AI Summary
Suraj Industries Ltd. has entered into a Franchise Tie-up Agreement with Vintage Distillers Limited, effective August 1, 2026, until March 31, 2027. The agreement involves the bottling and packaging of Country Liquor/Rajasthan Made Liquor (RML) products in aseptic packs on a job work basis at Suraj Industries' Ajmer facility. Vintage Distillers will provide all raw materials and pay Suraj Industries ₹80 per case plus applicable GST for bottling services. A security deposit of ₹10,00,000 will be provided by Vintage Distillers. This partnership is expected to enhance capacity utilization and generate additional revenue for Suraj Industries.
Key Highlights
- Suraj Industries signs franchise agreement for liquor bottling with Vintage Distillers.
- Agreement covers bottling of Country Liquor/RML in aseptic packs on job work basis.
- Suraj Industries to receive ₹80 per case plus GST for bottling services.
- Vintage Distillers to provide ₹10 Lakh interest-free security deposit.
- Expected to boost capacity utilization and generate additional revenue.
Price Impact
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