Som Distilleries and Breweries Provides Update on License Suspension
Som Distilleries and Breweries Limited announced on March 28, 2026, that the suspension of its license remains unchanged since a February 5, 2026, press release. The company is actively working to resolve the issue.A petition seeking validation of the license was not favorably considered by the Single Bench of the Madhya Pradesh High Court on March 23, 2026. Subsequently, on March 24, 2026, the Double Bench of the Madhya Pradesh High Court granted relief, permitting an associate company to participate in the country liquor tender process. A final order in the matter is pending.
Som Distilleries and Breweries Limited is committed to keeping stakeholders informed, and any material developments will be communicated as they arise.
Nakul Sethi, Director, signed off on the update.
Source:
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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Last edited by a moderator: