Allied Blenders and Distillers Limited has informed exchanges that its Management Committee of the Board of Directors, at a meeting held on Friday, January 16, 2026, approved the acquisition of assets relating to a non-operational distillery-cum-bottling facility in Uttar Pradesh.
The proposed acquisition involves land, building, plant, machinery, and licenses of the facility, which is being acquired from National Industrial Corporation Private Limited (NICOL). The total consideration for the transaction is up to ₹110 crores. This includes up to ₹70 crores towards the acquisition cost, inclusive of statutory levies and charges, and up to ₹40 crores for upgrading ground infrastructure and setting up a bottling unit. The company has entered into definitive agreements in connection with this acquisition.
The facility is located in Moradabad, Uttar Pradesh, and has an adequate land parcel to support future expansion. According to the disclosure, the acquisition is intended to support the company’s growth strategy and enhance its backward integration capabilities. The facility is expected to be used to increase IMFL bottling capacity in Uttar Pradesh and to enable expansion of distillery capacity for captive consumption of Extra Neutral Alcohol (ENA).
Allied Blenders clarified that no entity is being acquired as part of this transaction, only assets. As a result, details such as shareholding, control, turnover history, and industry classification of a target entity are not applicable. The transaction does not fall under related party transactions, and the promoters or promoter group do not have any interest in NICOL.
The company has also stated that no prior governmental or regulatory approvals are required for completing the transaction. The acquisition is expected to be completed by July 31, 2026, with the upgradation and bottling unit setup to be completed within 12 months from the date of acquisition.
