Allied Blenders and Distillers Announces Changes in Key Managerial Personnel
Allied Blenders and Distillers Limited has announced changes regarding its key managerial personnel, including the appointment of a new Chief Revenue Officer (CRO) and the resignation of existing senior management. These transitions were approved by the Board of Directors on June 18, 2026.The company appointed Mr. Monish Bhasin as the Chief Revenue Officer (CRO), who will serve as a Key Managerial Personnel (KMP) and Senior Management Personnel (SMP). This appointment is effective from July 1, 2026.
Mr. Bhasin brings over 28 years of experience across the alco-bev and consumer goods sectors. In his previous role as Vice President - Sales, Southern Region at United Spirits Limited, he managed one of Diageo India's largest geographies by Net Sales Value (NSV). His expertise lies in sales strategy, trade marketing, and route-to-market optimization, following earlier roles at Mahindra & Mahindra and Godrej & Boyce.
Simultaneously, the company confirmed the resignation of Mr. Manoj Kumar Rai from his role as Chief Revenue Officer (CRO) designated as KMP and SMP. His cessation is effective from the close of business hours on June 30, 2026. The resignation was submitted due to the deteriorating health of his parents, which necessitates his constant attention and care.
Details of the key personnel changes are summarized below:
| Personnel Change | Appointee / Resigned | Role Transitioned | Effective Date |
|---|---|---|---|
| Appointment | Mr. Monish Bhasin | Chief Revenue Officer (CRO), KMP, SMP | July 1, 2026 |
| Resignation | Mr. Manoj Kumar Rai | Chief Revenue Officer (CRO), KMP, SMP | Close of Business hours, June 30, 2026 |
ABDL Stock Price Movement
Shares of Allied Blenders and Distillers Limited closed today, gaining 0.44% as they settled at ₹632.80 in post-market trading. The stock saw a significant volume of 294,081 shares traded during the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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