Associated Alcohols & Breweries Ltd to Acquire 100% Stake in SDF Industries Limited
Associated Alcohols & Breweries Ltd has announced its plans to acquire 100% shareholding and control of SDF Industries Limited, establishing the target entity as a wholly owned subsidiary of the company. The acquisition focuses on strengthening the company's manufacturing capabilities within the Alcoholic Beverages sector in Kerala.SDF Industries Limited operates a fully integrated distillery-cum-IMFL manufacturing unit located at 5/90, Pampadi, Thiruvilwamala, Thrissur District, Kerala. The facility possesses a licensed capacity of 75 Lakhs Litres per annum for potable alcohol and an annual capacity of 3.6 million cases for IMFL bottling.
The proposed acquisition was approved by the Hon'ble National Company Law Tribunal, Kochi Bench, under the Insolvency and Bankruptcy Code (IBC) process, following an order dated April 16, 2026.
Transaction and Operational Details
Key details of the transaction, including the financial terms and objectives, are as follows:| Feature | Detail |
|---|---|
| Target Entity | SDF Industries Limited |
| Industry | Alcoholic Beverages sector (Distillery-cum-IMFL Unit) |
| Objective | To own and operate a manufacturing facility in Kerala, where the company already maintains a significant presence of peer brands through contract-based production arrangements. |
| Expected Impact | Expected to enhance sustainable operations, cost efficiency, and strengthen the company's ability to meet growth objectives through ownership of manufacturing capabilities. |
| Consideration | ₹ 30,85,47,342/- |
| Cost of Acquisition | ₹ 30,85,47,342/- |
| Shareholding Acquired | 100 % shareholding and control |
| Relationship Type | Does not fall under Related Party Transaction |
| Projected Timeline | Acquisition is targeted to be completed within 30 days following the NCLT order and subsequent implementation of the Resolution Plan. |
Background and Financial History
SDF Industries Limited was incorporated on April 19, 1990, and was in the business of manufacturing and marketing IMFL products such as Brandy, Rum, and Gin. The target entity operates potable alcohol manufacturing and IMFL blending and bottling units situated in Central Kerala, Thrissur, Kerala.The company's turnover over the last three years was:
| Financial Year | Turnover (₹ in Lakhs) |
|---|---|
| 2022-23 | 457.47 |
| 2023-24 | 402.64 |
| 2024-25 | Nil |
ASALCBR Stock Price Movement
Today, Associated Alcohols & Breweries Ltd. shares slipped by 2.40%, settling at ₹884.7. The stock traded on a total volume of 47,317 shares during the session.Source:
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