Allied Blenders and Distillers Ltd

Allied Blenders and Distillers Ltd (ABDL) announced that its subsidiary, Minakshi Agro Industries LLP (MAILLP), is involved in an arbitration dispute. Mr. Balaji Shivdas Pawar, a partner in MAILLP, has filed a claim of ₹25.53 crore plus 18% interest against MAILLP and ABDL. The claim is based on a Deed of Retirement cum Admission dated December 10, 2024. ABDL and MAILLP are contesting the claim, believing they have a strong defense and intend to file a counter-claim. The company is taking steps to protect its interests.

Allied Blenders and Distillers Ltd announced that Mr. Alok Gupta will be stepping down as Managing Director and Key Managerial Personnel (KMP) effective May 31, 2026. This comes before the end of his tenure, which was set to conclude on August 31, 2026. The company also announced the appointment of Mr. Amar Sinha as Additional Director and Managing Director & KMP, effective June 1, 2026, for a period of three years, subject to shareholder approval. Mr. Sinha is not related to any existing directors and is not debarred from holding a directorship.

Allied Blenders and Distillers Ltd has received board approval to incorporate a wholly-owned subsidiary in the United Kingdom named “ABD UK Ltd” and/or “ABD” as a prefix. The initial capital contribution will be 100 GBP. The subsidiary will engage in distilling, rectifying, blending of spirits, trading, warehousing, manufacturing of beer, sale of food and beverages, and wholesale of alcoholic beverages.

Allied Blenders and Distillers Ltd announced that Mr. Alok Gupta, Managing Director & KMP, will step down effective May 31, 2026. Mr. Amar Sinha, previously appointed as Managing Director-Designate, is proposed to be appointed as an Additional Director and Managing Director & KMP from June 1, 2026, for a 3-year term, subject to member approval. Mr. Sinha is not related to any company directors and is authorized as a KMP for determining materiality of events.

Allied Blenders and Distillers Ltd announced that Alok Gupta will step down as Managing Director & KMP, effective May 31, 2026. Amar Sinha, previously appointed as Managing Director-Designate, will assume the role of Additional Director and Managing Director & KMP from June 1, 2026, for a three-year term ending May 31, 2029, subject to member approval. Mr. Sinha is not related to any company directors and is authorized for determining event materiality and disclosures to the Stock Exchange.

Allied Blenders and Distillers Ltd has appointed Mr. Amar Sinha as the Managing Director and Key Managerial Personnel (KMP) effective June 1, 2026, for a term of three years, subject to shareholder approval. This follows Mr. Alok Gupta stepping down as Managing Director & KMP on May 31, 2026. Mr. Sinha, with DIN 01488890, previously served as Managing Director-Designate and Senior Management Personnel from April 2, 2026. He is not related to any existing directors and is authorized for determining event materiality and disclosures to stock exchanges under SEBI regulations.

Allied Blenders and Distillers Ltd announced that Alok Gupta will step down as Managing Director & KMP, effective May 31, 2026. Amar Sinha, previously appointed as Managing Director-Designate, will assume the role of Additional Director and Managing Director & KMP from June 1, 2026, for a three-year term ending May 31, 2029, subject to shareholder approval. Sinha is not related to any company directors and is authorized as a KMP for determining materiality of events and disclosures to stock exchanges.

Allied Blenders and Distillers Ltd disclosed related party transactions for the half-year ended March 31, 2026, as per SEBI regulations. Key transactions include loans, interest received, advances, investments, and sale of goods/services with related parties like ABD Dwellings Private Limited and ABD Maestro Private Limited. Other transactions include royalty fees, office rent, job work charges, sharing SAP license fees, shared resources cost, transfer of leave encashment and gratuity, prepaid insurance premium, and interest paid to key management personnel.

Allied Blenders and Distillers Ltd (ABD) reported its FY26 results, achieving record annual EBITDA of ₹568 crore, a 25.8% increase YoY, and PAT of ₹220 crore, up 13.0% YoY. Q4FY26 also saw record EBITDA of ₹182 crore, up 21.2% YoY. The Board has recommended a dividend of 270%, which is ₹5.4 per equity share. Income from Operations for FY26 stood at ₹3,949 crore, an 11.5% increase compared to FY25. The company's Prestige & Above (P&A) portfolio saw strong growth, with ICONiQ White surpassing the 10 million case milestone.

Allied Blenders and Distillers Ltd has granted 2,25,000 stock options under the ABD Employee Stock Option Scheme to eligible employees. The grant was approved by the Nomination and Remuneration Committee of the Board of Directors on May 12, 2026. The options are priced at ₹588.45 per stock option and vest over a period of 48 months from the grant date, with an exercise period of four years from the respective vesting date.