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Allied Blenders Plans Equity, Debenture Fundraising; Board Meet on May 15

Synopsis:

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.

Also read: LTIMindtree Wins $450 Million Multi-Year Deal With Agribusiness Giant

Key Takeaways

  • 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

Also read: Kotak Mahindra Credit Cards to See Reward Cuts, Higher Fees from June

Possible Fundraising Instruments

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.

Allied Blenders’ Growth Strategy Backed By Innovation

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.

Also read: KEC International Wins Orders Worth Rs.1,034 Crore Across Sectors

Source: CNBCTV18

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