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Company Information

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ALLIED BLENDERS & DISTILLERS LTD.

01 November 2024 | 12:00

Industry >> Beverages & Distilleries

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ISIN No INE552Z01027 BSE Code / NSE Code 544203 / ABDL Book Value (Rs.) 14.77 Face Value 2.00
Bookclosure 52Week High 372 EPS 0.07 P/E 5,016.10
Market Cap. 9147.92 Cr. 52Week Low 282 P/BV / Div Yield (%) 22.14 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Our Company was incorporated as `You and Me Properties Private Limited', pursuant to a certificate of incorporation dated October 8, 2008, issued by the RoC. The name of our Company was changed to `Moonlight Blenders and Distillers Private Limited', and a fresh certificate of incorporation dated July 22, 2009 was issued by the RoC. Pursuant to a scheme of amalgamation between Allied Blenders and Distillers Private Limited, Our Own Properties Private Limited and our Company, dated April 1, 2009, and an order of the Bombay High Court dated February 5, 2010, the entire business undertakings of Allied Blenders and Distillers Private Limited and Our Own Properties Private Limited were transferred to our Company. Consequently, the name of our Company was changed to `Allied Blenders and Distillers Private Limited', and a fresh certificate of incorporation dated April 30, 2010, was issued by the RoC. Subsequently, pursuant to a resolution of our Board dated June 2, 2022 and a resolution of our Shareholders dated June 4, 2022, our Company was converted from a private company to a public company and consequently, our name was changed from `Allied Blenders and Distillers Private Limited' to `Allied Blenders and Distillers Limited', and a fresh certificate of incorporation under the Companies Act, 2013 was issued upon a change in name by the RoC on June 8, 2022.

Major events and milestones:
1988
-Launch of Officer's Choice Whisky

2008
-Incorporation of our Company as `You and Me Properties Private Limited.'

2009
-The name of our Company was changed to `Moonlight Blenders and Distillers Private Limited'

2010
-The name `Moonlight Blenders and Distillers Private Limited' was changed to Allied Blenders and Distillers Private Limited

2010
-Launched the brand `Jolly Roger'

2011
-Launched the brand `Officer's Choice Blue.'

2012
-Launched `Kyron' in the premium brandy segment

2015
-Wales Distillers Private Limited, our erstwhile wholly-owned subsidiary, was amalgamated into our Company.

2017
-Launched `Sterling Reserve Blend 7' and `Sterling Reserve Blend 10' in the premium blended whisky segments.
-Unokoti Bottling and Beverages Private Limited, our erstwhile wholly-owned subsidiary, was amalgamated into our Company.
-Demerged the bottling and distillery business undertaking from Tracstar Investment Private Limited, our group company, into our Company.

2018
-Erstwhile BKCEPL, was amalgamated into our Company.
-Sterling Reserve crossed the 1.2 million cases, according to the Millionaire's Club Report by Drinks International making it a millionaire brand in the first year of launch.

2019
-Officer's Choice franchise crossed the 34 million sales mark making it the world's largest selling whisky for 6 years in a row as per Millionaire's Club Reports by Drinks International.

2020
-Sterling Reserve Blend 7 became the 3rd largest selling brand in the semi-premium whisky segment, as per the Technopack Report.
-Henkell & Company India Private Limited, our erstwhile wholly-owned subsidiary, was amalgamated into our Company.
-Sterling Reserve was ranked as the fastest growing spirits brand by the Millionaire's Club Report 2020 by Drinks International.

2023
-ICONiQ Whisky crossed the 1 million cases