
Allied Blenders and Distillers Limited has approved the acquisition of up to a 50% stake in Kion Blenders Industries Private Limited as part of its capacity expansion strategy in the alcobev segment.
The transaction is structured through a shareholders’ and share purchase agreement and will position Kion as a subsidiary of the company.
The company will invest an amount not exceeding ₹45 crore in tranches, including a primary infusion for equity shares that will translate into a stake of up to 50%. The broader project involves setting up a 200 KLPD dual-mode distillery at Vizianagaram in Andhra Pradesh.
The facility will manufacture Extra Neutral Alcohol, ethyl alcohol and ethanol, with a total planned investment of approximately ₹300 crore.
Both Allied Blenders and the existing shareholder will contribute up to ₹45 crore each, while the remaining funding will be arranged through debt structured over the execution period.
The initial acquisition is expected to be completed by June 2026, with commissioning of the distillery targeted for the Q4 of FY28.
Kion Blenders, incorporated in August 2025, operates in the alcobev industry and focuses on refining, distilling, blending and trading alcohol-based products.
The proposed investment aligns with Allied Blenders’ objective of strengthening distillation capacity in key markets, enhancing margin profile and improving supply chain security through integrated manufacturing capabilities.
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As of 2 March 2026, at 3:30 PM, Allied Blenders and Distillers Limited share price is trading at ₹468.10 per share, reflecting a decline of 1.68% from the previous closing price.
Through this investment, Allied Blenders is advancing its backward integration strategy, adding distillation infrastructure and positioning itself for higher operational control and long-term capacity growth in the alcohol manufacturing segment.
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Published on: Mar 3, 2026, 9:20 AM IST

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