Allied Blenders and GSK Announce AGMs; SU Toll Road Invites Bids for NH Project

Allied Blenders and GSK Announce AGMs; SU Toll Road Invites Bids for NH Project

Allied Blenders and GSK Announce AGMs; SU Toll Road Invites Bids for NH Project​

Corporate developments are underway across various sectors, with companies holding general meetings while infrastructure projects move forward through tender processes.

Allied Blenders and Distillers Limited is scheduled to host its 18th Annual General Meeting (AGM) on Monday, July 6, 2026. The meeting will be conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM).

The company has also provided details regarding a final dividend for the Financial Year ended March 31, 2026. The Board of Directors had previously recommended a Final Dividend of approximately 40/ per Equity Share. Members are reminded that the Record Date for this payment is June 26, 2026, and the dividend will be paid on or after Tuesday, July 7, 2026.

In pharmaceutical news, GlaxoSmithKline Pharmaceuticals Limited (GSK) has scheduled its 101st Annual General Meeting (AGM) for Tuesday, June 30, 2026, at 11:00 a.m. The meeting will be held through Video Conferencing or Other Audio Visual Means.

To ensure shareholder participation, GSK provided specific timelines for remote e-voting. The cut-off date to determine entitlement for voting is Tuesday, June 23, 2026. The period for casting votes via the electronic system runs from Friday, June 26, 2026, at 09:00 a.m. (IST) until Monday, June 29, 2026, at 05:00 p.m. (IST).

SU Toll Road Invites Proposals for NH Infrastructure Project​

The Resolution Professional of SU Toll Road Private Limited has initiated a request for proposals and invited eligible contractors to tender for the Salem - Ulundurpet Section of NH-68 (New NH-79) in Tamil Nadu. This project involves urgent work of periodic overlay on different chainages, driven by instructions from the National Highways Authority of India.

The brief particulars and estimated costs related to this infrastructure project are detailed below:

Project DescriptionRoad NumberLengthStateEstimated Cost
Urgent Work of Periodic Overlay on Salem - Ulundurpet Section (New NH-79)NH-68 / NH-79119 km 53.87Tamil NaduRs. 60.68 crs

The submission deadline for the complete Bid Document is set for July 6, 2026, up to 17:00 Hrs (IST). The technical bids are scheduled to be opened on July 7, 2026, at 11:30 Hrs. It is noted that the mobilization period is 30 days, and the estimated time for completion of work is 150 days, including mobilization.

ABDL Stock Price Movement​

Today, the stock of Allied Blenders and Distillers Limited rallied, closing out the session at ₹583.10 after gaining 2.70%. The equity traded with a volume of 258,823 shares during the market session.
 

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