BCL Industries Completes Acquisition of Remaining Stake in Svaksha Distillery
BCL Industries Ltd. has successfully completed the acquisition of the remaining 25% equity stake in M/s Svaksha Distillery Limited, making it a wholly owned subsidiary of the company. The transaction marks a significant milestone in BCL's strategic growth initiatives within the grain-based ENA and ethanol industry.The acquisition was executed through the purchase of 14,98,632 equity shares representing the final portion of the stakeholding. The total cash consideration for this transaction amounted to 155 crore, solidifying BCL's control over the distillery unit.
With Svaksha Distillery now fully integrated into the company, BCL Industries is expected to realize greater operational synergies and improved capital allocation across its distillery business segments. The move strengthens BCL’s leadership in the grain-based ENA sector while accelerating strategic and operational alignment.
Swaksha Distillery holds an installed capacity of 350 KLPD (Kiloliters Per Day) and serves as a key growth driver for BCL's operations. The unit has shown substantial performance improvements, demonstrating strong business health leading up to the completion of the acquisition.
Key operational and financial details related to Svaksha Distillery are provided below:
| Metric | Value |
|---|---|
| Installed Capacity | 350 KLPD |
| FY23 Revenue | 187 crore |
| FY26 Revenue | 3899 crore |
| Stake Acquired in this Transaction | 25% |
The integration of Svaksha Distillery as a wholly owned subsidiary will enhance the company's operational efficiencies and position BCL to capitalize on future growth opportunities.
Commenting on the development, Mr. Kushal Mittal, Joint Managing Director of BCL Industries Limited, stated that the completion of this transaction is another significant step in the company's growth journey. He added that Svaksha has consistently demonstrated strong growth over the years and has become an integral part of BCL's grain-based ENA and ethanol business. This acquisition further strengthens their integrated distillery operations and enhances operational efficiencies, ensuring sustainable long-term value for shareholders.
BCLIND Stock Price Movement
As of 11:13 AM, Bcl Industries Limited shares gain ground in the current trading session, climbing up 0.86% to reach ₹34.09. The stock has seen strong market interest so far today, with a volume of 150,045 shares recorded against its price movement.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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