Allied Blenders and Distillers appoints Alok Gupta as MD
₹7,196 crore, with a profit of ₹5.93 crore. During the year, the company sold 28.62 million cases of alcohol; it has a share of 7.4% in the India-made foreign liquor industry, according to the company’s annual report for the year.
The company sells mass market brands such as Officer’s Choice whisky, Jolly Roger Rum, Officer’s Choice and Kyron brandy. Today, its network includes 10 owned bottling units, one distilling unit and 22 non-owned manufacturing units.
Mint had recently reported that the liquor company is eyeing a stock market listing work for which is on track. The company is also planning to expand beyond the whisky and brandy segment to enter craft and other white spirits, Mint reported.ABD commands a large share in the whiskey and brandy market in India, competing with rivals such as USL.
Read more on livemint.com
