Allied Blenders and Distillers Limited (ABDL) has approved the acquisition of assets related to a non-operational distillery cum bottling facility in Uttar Pradesh from National Industrial Corporation Private Limited (NICOL). The acquisition, including land, building, plant, machinery, and licenses, will cost up to ₹70 crores plus statutory levies. Additionally, up to ₹40 crores will be invested in upgrading infrastructure and setting up a bottling unit, bringing the total aggregate consideration to ₹110 crores. This strategic move is aimed at enhancing ABDL's backward integration capabilities and aligns with its growth strategy. The facility is located in Moradabad, Uttar Pradesh, and offers expansion potential. The acquisition is expected to increase the company's IMFL bottling capacity in Uttar Pradesh and expand its distillery capacity for captive consumption of ENA. The Management Committee of the Board of Directors approved the acquisition on January 16, 2026. The company has entered into definitive agreements for this transaction. The acquisition is expected to be completed by July 31, 2026, with the upgradation to be completed within 12 months of the acquisition. No prior governmental or regulatory approvals are required for this transaction. The consideration will be funded through a combination of internal accruals and debt.
