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Allied Blenders and Distillers will consider raising capital through equity shares or convertible securities during its 15 May board meet. The fundraising plan follows a 7.1% surge in Allied Blenders share price, closing at Rs.352.30 on the NSE.
Allied Blenders and Distillers Ltd (ABDL) has announced a key board meeting on 15 May 2025 to evaluate a proposal for raising funds via equity shares, convertible debentures, or qualified institutional placements (QIP). This strategic financial move could support the company’s growth and operational expansion in both domestic and global markets. The board will also review the company’s audited financial results for FY2024–25 and may consider recommending a dividend.
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Board meeting scheduled for 15 May 2025
Fundraising could include equity shares, debentures, or convertible securities
Modes may include QIP, private placement, public or rights issue
Allied Blenders share price closed 7.1% higher at Rs.352.30 on the NSE
FY2024–25 audited financial results and dividend may also be reviewed
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ABDL is open to various capital-raising routes, which may include:
Instrument Type | Description |
Equity Shares | Direct issue to investors to raise equity capital |
Fully/Partly Convertible Debentures | Debt instruments convertible into equity |
Warrants | Rights to purchase shares at a later date |
Non-Convertible Debentures (NCDs) | Fixed-income securities without equity conversion |
Convertible Preference Shares | Hybrid instruments with equity conversion option |
Qualified Institutional Placement (QIP) | Equity issue to institutional investors |
The fundraising will proceed only after receiving shareholder and regulatory approvals.
Since its inception in 2008, Allied Blenders has positioned itself as a major player in India’s alcoholic beverage industry. With a robust distribution network and presence in over 30 countries, the company continues to invest in brand-building, innovation, and premium product offerings. Allied Blenders share price has reflected investor optimism, gaining 7.1% and closing at Rs.352.30 on the NSE ahead of the board announcement.
If the fundraising proceeds, it will likely fuel ABDL’s efforts to strengthen its portfolio and improve operating scale, helping it remain competitive in both domestic and export markets. The decision, coupled with the financial results and potential dividend announcement, will mark a significant development in the company’s strategic roadmap.
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Source: CNBCTV18
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