High Court Grants Stay on FSSAI Order Prohibiting Sale of Associated Alcohols' Whisky and Rum Brand
Associated Alcohols & Breweries Ltd. has announced that the Hon'ble High Court of Madhya Pradesh granted a stay on an order issued by the Food Safety and Standards Authority of India (FSSAI). This decision impacts one of the company's Whiskey and Rum brands.The Company received the court's order dated August 6, 2026. The stay was granted concerning the FSSAI order that had prohibited the sale of the specific brand.
This development marks a crucial legal update for Associated Alcohols & Breweries Ltd., removing the previous restriction on the brand's marketability as sanctioned by the High Court.
ASALCBR Stock Price Movement
Associated Alcohols & Breweries Ltd. shed 0.76% of its value today, settling at ₹723.2 following the post-market session. The stock registered a total traded volume of 39,226 shares during the day's trading.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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