ABDL - Allied Blenders

Allied Blenders and Distillers Limited (ABDL) announced that its luxury subsidiary, ABD Maestro, won three gold medals at the prestigious London Spirits Competition 2026. The top honors were awarded to ZOYA Special Batch Gin, ZOYA Espresso Coffee Gin, and WOODBURNS Contemporary Indian Malt Whisky. This recognition at a global level validates the company's strategic shift toward a super-premium and luxury portfolio. Additionally, several of the company's 'millionaire' brands, including Sterling Reserve B7 and ICONiQ White, also received recognition, reinforcing the brand's competitive positioning.

• ABD Maestro secured 3 Gold Medals for its premium gin and whisky expressions at the London Spirits Competition 2026.
• Multiple brands including ARTHAUS, PUMORI, and RANGEELA received awards, showcasing portfolio-wide quality.
• Millionaire brands Sterling Reserve B7 and ICONiQ White Whisky earned recognition, supporting volume-led growth segments.
• The company currently operates a massive manufacturing network of 38 units across India to support its global expansion.
• The awards highlight the success of the premiumization strategy led by subsidiary ABD Maestro and co-founder Ranveer Singh.

Allied Blenders and Distillers Limited (ABDL) has successfully resolved tax litigation spanning 11 assessment years, from 2014-15 to 2024-25. Following orders from the Commissioner of Income Tax (Appeal), the company received final assessment orders between April 6 and April 22, 2026. These orders result in a net nil tax liability for the company, effectively removing a decade-long legal and financial overhang. This resolution provides significant clarity on the company's historical tax positions and eliminates potential contingent liabilities.

• Resolution of tax disputes covering 11 Assessment Years from 2014-15 to 2024-25
• Final assessment orders result in a net nil tax liability for the company
• Orders received between April 6, 2026, and April 22, 2026, following successful appeals
• Eliminates significant legal uncertainty and potential financial risk previously disclosed to markets

Allied Blenders and Distillers Limited (ABDL) has announced a favorable outcome in a tax litigation matter involving its wholly-owned subsidiary, ABD Dwellings Private Limited. Following an order from the Commissioner of Income-tax (Appeals), a previously outstanding income-tax liability of ₹16.16 crore has been reduced to zero. This resolution effectively eliminates a significant potential financial obligation for the group. The order, received on April 22, 2026, provides clarity on a matter that had been under dispute since early 2025.

• Wholly-owned subsidiary ABD Dwellings Private Limited received a favorable tax order on April 22, 2026.
• The total contested income-tax liability of ₹16,16,16,000 has been completely waived.
• The order was passed by the Commissioner of Income-tax (Appeals), reducing the liability to zero.
• This concludes a litigation process that was previously disclosed in March 2025.

Madanlal Estates Private Limited, a wholly owned subsidiary of Allied Blenders and Distillers Limited, has received a favorable order from the Commissioner of Income Tax (Appeal). The order reduces the subsidiary's total income tax liability of ₹0.39 Crore and interest of ₹0.19 Crore to zero. This resolution effectively eliminates a combined tax burden of ₹0.58 Crore that was previously under litigation. The outcome is a positive development in the company's efforts to resolve outstanding tax disputes.

• Subsidiary Madanlal Estates Private Limited received a favorable order from CIT (Appeal) on April 15, 2026
• Income Tax liability of ₹0.39 Crore reduced to zero
• Interest component of ₹0.19 Crore also reduced to zero
• Total financial relief for the subsidiary amounts to ₹0.58 Crore

ABD Maestro, a super-premium subsidiary of Allied Blenders and Distillers (ABDL), has been named 'Distiller of the Year' at the 15th Icons of Whisky India Awards. This recognition comes as the subsidiary completes its first year of operations, during which it successfully launched a portfolio of 10 brands. Additionally, its ARTHAUS Blended Malt Scotch won 'Campaign Innovator of the Year'. The awards validate ABDL's strategic push into the high-margin luxury spirits segment and enhance its brand equity against international competitors.

• ABD Maestro named 'Distiller of the Year' at the 15th Icons of Whisky India Awards 2026.
• The subsidiary established a portfolio of 10 brands across distinct categories in its first year.
• ARTHAUS Blended Malt Scotch Whisky recognized as 'Campaign Innovator of the Year'.
• ABD Maestro was the only Indian company to receive this honor alongside 6 international players.

Allied Blenders and Distillers Limited (ABDL) has appointed Dr. Pradipta Basu as Chief Marketing Officer (CMO) and Senior Management Personnel (SMP) effective April 15, 2026. Dr. Basu is a veteran with over 25 years of experience in the FMCG and beverage sectors, having held senior roles at competitors like Radico Khaitan and United Spirits. Following this appointment, the company has restructured its reporting lines, resulting in Mr. Arvind Mohta and Mr. Uday Rao ceasing to be classified as SMPs, although they will continue in their roles as Marketing Directors. This move appears to be a strategic consolidation of the marketing function under a single experienced leader.

• Dr. Pradipta Basu appointed as Chief Marketing Officer and Senior Management Personnel effective April 15, 2026
• Dr. Basu brings over 25 years of experience from major firms including Radico Khaitan, United Spirits, and ITC
• Mr. Arvind Mohta and Mr. Uday Rao cease to be classified as SMPs due to reporting structure changes
• Both outgoing SMPs will remain with the company in their capacities as Marketing Directors

Allied Blenders and Distillers Limited (ABDL) has appointed Dr. Pradipta Basu as Chief Marketing Officer (CMO) and Senior Management Personnel, effective April 15, 2026. Dr. Basu brings over 25 years of industry experience from major competitors including Radico Khaitan and United Spirits. Along with this appointment, the company has reorganized its reporting structure, resulting in Marketing Directors Arvind Mohta and Uday Rao ceasing to be classified as Senior Management Personnel while continuing their current roles. This move appears to be a strategic consolidation of marketing leadership under a highly experienced industry veteran.

• Dr. Pradipta Basu appointed as Chief Marketing Officer and Senior Management Personnel effective April 15, 2026.
• Dr. Basu possesses over 25 years of experience in FMCG and beverages, previously serving as VP Marketing at Radico Khaitan.
• Reporting structure change leads to Arvind Mohta and Uday Rao ceasing to be SMPs while retaining their roles as Marketing Directors.
• The new CMO holds an IIM Calcutta management degree and a Ph.D. in Management from École Supérieure Robert de Sorbonne, France.

Allied Blenders and Distillers Limited (ABDL) has announced the launch of ZOYA PINK Mix Berries Gin through its super-premium subsidiary, ABD Maestro Pvt. Ltd. The new product is priced at INR 2,500 in Maharashtra and is part of a strategic push into the high-growth premium gin segment. This launch follows the success of existing flavors like Watermelon and Espresso Coffee Gin. The company plans a phased rollout across key Indian markets and international travel retail to capture the growing demand for craft-led spirits.

• Launch of ZOYA PINK Mix Berries Gin priced at INR 2,500 per bottle in Maharashtra.
• Product developed by ABD Maestro, a subsidiary co-founded by Bollywood actor Ranveer Singh.
• Targeting the premium spirits market which is seeing strong momentum from craft-led consumer demand.
• Planned expansion into additional key Indian markets and international travel retail segments.

Allied Blenders and Distillers Limited (ABDL) has announced the appointment of Mr. Amar Sinha as Managing Director Designate, effective April 2, 2026. Mr. Sinha, an industry stalwart with over 30 years of experience, succeeds Mr. Alok Gupta whose tenure is nearing completion. Having held senior roles at Radico Khaitan and Whyte & Mackay, Mr. Sinha is expected to leverage his expertise to scale ABDL's portfolio of 'millionaire' brands. The company currently maintains a robust manufacturing network of 38 units across India to support its market leadership.

• Mr. Amar Sinha appointed as MD Designate with over 30 years of experience in alco-beverage and consumer sectors.
• Previous leadership roles include COO at Radico Khaitan and MD at Whyte & Mackay India.
• The appointment ensures a seamless leadership transition as current MD Alok Gupta's tenure ends.
• ABDL operates 38 manufacturing units, including 9 owned bottling units and 2 owned distilleries.
• The company manages several 'millionaire' brands including Officer's Choice and Sterling Reserve.

Allied Blenders and Distillers (ABDL) announced that its flagship brand, ICONiQ White Whisky, has surpassed the 10 million cases milestone in FY26. This represents a massive growth trajectory from 0.32 million cases in FY23 and 5.7 million cases in FY25, making it one of the fastest-growing spirits brands globally. The brand operates in the high-margin 'Prestige & Above' segment, which is critical for the company's long-term profitability and premiumization strategy. The rapid scale-up within just 43 months of launch highlights strong consumer acceptance and successful expansion into Canteen Stores Department (CSD) and international markets.

• ICONiQ White Whisky crossed 10 million cases (100 Lakhs) in FY26, up from 5.7 million in FY25.
• The brand achieved this milestone within just 43 months of its September 2022 launch.
• Recognized as the world's fastest-growing millionaire spirits brand for two consecutive years (2023 and 2024).
• The brand has expanded its footprint to the Canteen Stores Department (CSD) and 9 international markets.
• Growth in the Prestige & Above segment is expected to strengthen ABDL's overall margin profile.

Allied Blenders and Distillers Limited (ABDL) has approved the acquisition of up to a 50% stake in Kion Blenders Industries Private Limited, making it a subsidiary. The partnership aims to set up a 200 KLPD dual-mode distillery in Andhra Pradesh with a total investment of approximately Rs. 300 crores. ABDL will invest up to Rs. 45 crores in equity tranches, with the remaining project cost funded through debt. This strategic move is intended to enhance distillation capacity, improve margins, and ensure supply security for ENA and Ethanol.

• Acquisition of up to 50% stake in Kion Blenders for a total equity investment of up to Rs. 45 crores.
• Planned setup of a 200 KLPD dual-mode distillery in Vizianagaram, Andhra Pradesh, with a total project cost of Rs. 300 crores.
• The distillery is expected to be commissioned by Q4FY28, focusing on Extra Neutral Alcohol (ENA) and Ethanol.
• Kion Blenders will become a subsidiary of ABDL, strengthening the company's backward integration and supply chain.
• Initial acquisition expected to be completed by June 2026, with project funding balanced through market-benchmarked debt.

Allied Blenders and Distillers Limited (ABDL) has successfully secured a permanent injunction from the Delhi High Court against Batra Breweries and Distilleries Private Limited. The court's decree, dated February 4, 2026, restrains the defendants from using the trademark 'Principal Choice,' which was contested for infringing upon ABDL's intellectual property. While the company won the legal battle to protect its brand identity, it voluntarily waived its claims for damages or legal costs. This outcome is a strategic win for ABDL in maintaining its brand exclusivity in the competitive spirits market.

• Delhi High Court decreed suit CS(COMM) 551/2023 in favor of ABDL on February 4, 2026
• Permanent injunction granted against Batra Breweries restraining the use of the mark 'Principal Choice'
• ABDL voluntarily gave up all claims towards damages, legal costs, or costs of any nature
• The ruling prevents potential brand dilution and consumer confusion in the alcoholic beverages segment