StockWatch
·
Edible Oil
Partnership16 Jul 2026, 07:20 pm

Suraj Industries Signs Franchise Tie-up 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 on a job work basis at Suraj Industries' Ajmer facility. Vintage Distillers will provide all raw materials and packaging. Suraj Industries will receive ₹80 per case plus applicable GST for bottling services. The Licensor has committed to a minimum production of 7,000 cases per month and will provide an interest-free security deposit of ₹10,00,000. This partnership is expected to enhance capacity utilization and generate additional revenue for Suraj Industries.

Key Highlights

  • Suraj Industries enters franchise tie-up for liquor bottling with Vintage Distillers.
  • Agreement covers bottling of Country Liquor/RML on job work basis.
  • Suraj Industries to earn ₹80/case plus GST; minimum 7,000 cases/month commitment.
  • Partnership aims to boost capacity utilization and generate new revenue streams.
  • Agreement is for domestic operations in Rajasthan, valid until March 31, 2027.