Allied Blenders and Distillers has launches a new product, ICONiQ WINTER Whisky today i.e. 13 December 2024. Given the shift from whisky to rum in cold weather- especially in North, parts of East and Central India, Allied Blenders and Distillers has for the first time introduced a 'Whisky, Made for Winter'. The blend is curated with select Scotch Malts and Indian Grain Spirits alongwith spices known for adding body warmth namely Cinnamon, Ginger, Clove, Nutmeg, Pepper and Cardamom. Arun Barik, Executive Director at ABD commented, This product brief was unique. At the ABD Innovation Centre, we're redefining the winter experience with ICONiQ WINTER Whisky, crafted to keep whisky aficionados loyal to their preferred spirit even as the season invites a shift to rum. Our unique balanced fusion of spices not only adds flavour but also inherent benefits. This remarkable blend positions ICONiQ as a compelling winter choice that we believe will attract a segment of consumers eager to explore a bold, innovative twist on whisky. Powered by Capital Market - Live

Allied Blenders & Distillers announced that upon the acquisition of Minakshi Agro Industries Limited Liability Partnership (MAILLP), the definitive agreements and other relevant transaction documents have been executed today i.e. 10 December 2024 and accordingly, MAILLP has become a wholly owned subsidiary of the Company.Powered by Capital Market - Live

Net profit of Allied Blenders & Distillers rose 319.03% to Rs 47.56 crore in the quarter ended September 2024 as against Rs 11.35 crore during the previous quarter ended September 2023. Sales rose 1.94% to Rs 867.67 crore in the quarter ended September 2024 as against Rs 851.17 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales867.67851.17 2 OPM %11.918.37 - PBDT80.2528.39 183 PBT64.1416.09 299 NP47.5611.35 319 Powered by Capital Market - Live

Allied Blenders & Distillers will hold a meeting of the Board of Directors of the Company on 29 October 2024.Powered by Capital Market - Live

Allied Blenders & Distillers (ABDL) further augmented it's leadership team with the appointment of Manoj Kumar Rai as the new Chief Revenue Officer (CRO). Manoj will be responsible for company's revenue strategies, focusing on enhancing existing revenue streams and exploring new business opportunities across ABDL's diverse portfolio. Powered by Capital Market - Live

Allied Blenders & Distillers announced that the Annual General Meeting (AGM) of the company will be held on 26 September 2024.Powered by Capital Market - Live

Allied Blenders having held prominent finance roles in Fortune 500 companies across sectors including manufacturing, retail, and the Big 4 firms. A qualified Chartered Accountant by qualification; he has had extensive experience in Strategy and Financial Management, Internal Controls, Finance and Accounts, ERP Implementation, Digital Transformation, Treasury, Investor Relations, M&A projects, and PE Funding. Additionally, he is a certified SAP FICO Consultant and Certified Information Systems Auditor (CISA) with a proven track record of leading multiple successful ERP implementations. His previous roles in both multinational corporations (MNCs) and Indian promoter-driven organizations have consistently showcased his ability to drive financial excellence and operational efficiency. Powered by Capital Market - Live

Ranveer Singh, Bollywood Superstar and Pop Culture Icon, will be an equity partner with the market leading Allied Blenders and Distillers (ABDL), in a new business venture to offer a portfolio of premium brands. ABDL announced their Board approving the formation on 4 September 2024. The creation of this would mark a strategic move for ABDL, allowing the new venture to focus on the exciting world of luxury spirits, while retaining the existing core brands in ABDL itself. The company added that with Indians drinking better and trending to luxury products, this business is set to make a significant impact. The entity will launch its own brands, partner with promising Indian start-ups, work with major international brands, and use the strong ABDL sales and manufacturing networks with clear go-to-market strategies. 'I am delighted to partner with Allied Blenders and Distillers Limited's unique initiative. This venture is not just about creating and offering premium and luxury spirits, but equally about realizing the aspirations of the Indian consumer. We're blending worldclass products, sourcing and craftsmanship with the rich, vibrant flavours of India, creating experiences that speak to people' said Ranveer Singh, Business and Creative Partner. Powered by Capital Market - Live

Net profit of Allied Blenders & Distillers reported to Rs 11.20 crore in the quarter ended June 2024 as against net loss of Rs 2.69 crore during the previous quarter ended June 2023. Sales declined 6.96% to Rs 757.63 crore in the quarter ended June 2024 as against Rs 814.28 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales757.63814.28 -7 OPM %9.796.39 - PBDT31.7413.99 127 PBT15.541.44 979 NP11.20-2.69 LP Powered by Capital Market - Live

Allied Blenders & Distillers will hold a meeting of the Board of Directors of the Company on 13 August 2024.Powered by Capital Market - Live