Allied Blenders jumps on getting Licence for manufacture of malt spirits for potable purpose
Allied Blenders and Distillers is currently trading at Rs. 640.00, up by 7.80 points or 1.23% from its previous closing of Rs. 632.20 on the BSE.
The scrip opened at Rs. 632.05 and has touched a high and low of Rs. 643.00 and Rs. 618.75 respectively. So far 23078 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 719.95 on 03-Nov-2025 and a 52 week low of Rs. 382.70 on 23-Mar-2026.
Last one week high and low of the scrip stood at Rs. 643.35 and Rs. 599.55 respectively. The current market cap of the company is Rs. 17,844.11 crore.
The promoters holding in the company stood at 80.91%, while Institutions and Non-Institutions held 8.31% and 10.78% respectively.
Allied Blenders and Distillers has received Licence from the Commissioner of Prohibition and Excise, Telangana, Hyderabad for manufacture of Malt Spirits for Potable Purposes at its facility situated at Rangapur Village, Pebbair Mandal, Wanaparthy District, Telangana. The Licence has been granted to permit the company to manufacture Malt Spirits of a quantity of around 4.4 million bulk litres per annum.
The company has hitherto sourced malt spirit from third-party distillers to meet its production requirements. With the grant of licence, the company will now be able to manufacture malt spirit in-house, thereby supporting its raw material requirements and enhancing operational efficiencies. Further, the licence will enable the company to produce and develop its own single malt whisky products, strengthening its premium product portfolio and providing opportunities for future growth.
