Allied Blenders and Distillers: MAILLP files Statement of Defence and Counter Claim in Dispute
MAILLP, a subsidiary of Allied Blenders and Distillers Limited, has filed its Statement of Defence to the Statement of Claim initiated by Mr. Balaji Shivdas Pawar before the Sole Arbitrator. The company also filed a Counter Claim in the matter.The proceedings concern a dispute between Mr. Balaji Shivdas Pawar and MAILLP concerning a Deed of Retirement cum Admission dated December 10, 2024, which was executed by Mr. Balaji Shivdas Pawar, MAILLP, the Company, and one other party.
MAILLP filed its Statement of Defence and Counter Claim on July 17, 2026, at 4:16 p.m. (IST). In the Counter Claim submitted by MAILLP, the company's subsidiary claimed an amount of Rs.34,85,97,745/-. Allied Blenders and Distillers Limited is noted as one of the Proforma Respondent in this Counter Claim filed by MAILLP.
Details regarding the development in the litigation are summarized below:
| Particulars | Details |
|---|---|
| Statement of Defence and Counter Claim details | Filed by MAILLP seeking recovery of losses, costs and damages caused to MAILLP on account of various breaches, delay and non-performance by Claimant, Mr. Balaji Shivdas Pawar in terms of Deed of Retirement cum Admission dated 10 th December 2024 ('Deed'), executed by and between Mr. Balaji Shivdas Pawar, MAILLP, the Company and one other. |
| Proceedings against key management personnel or promoter/ultimate person in control | Not Applicable |
| Settlement details | Not Applicable |
The filing of the Statement of Defence and Counter Claim by MAILLP was noted as a development in relation to the ongoing proceedings.
ABDL Stock Price Movement
Shares of Allied Blenders and Distillers Limited on Friday slipped by 1.40% to settle at ₹616.55, down from the previous close. The stock saw a total traded volume of 188,379 shares during the session.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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