Allied Blenders and Distillers Ltd, a leading spirits company, has approved an additional capital contribution of ₹115 crore in its subsidiary Minakshi Agro Industries LLP (MAILLP) to establish a malt distillery and maturation warehouse at Aurangabad.
The investment, which will be made in one or more tranches, will support a malt distillery with a capacity of 3 million barrels a year. The proposed distillery capacity is scheduled to be added in the third quarter of FY28.
Move targets single malt segment
The investment is aligned with Allied Blenders’ long-term strategy to expand and strengthen its premium spirits portfolio through entry into the provenance-led Single Malt Whisky segment.
ABD expects the proposed facility to strengthen its manufacturing footprint and support its longer-term growth in premium whisky.
Additional funds for ongoing projects
The Committee also approved an additional capital contribution of ₹10 crore in MAILLP to meet cost overruns in ongoing projects, primarily due to an increase in the prices of key metals.
The funds will also support a marginal expansion of the bottling hall and mezzanine area to accommodate longer automated bottling lines.
Bottling capacity to expand in FY27
The bottling expansion is aimed at strengthening Allied Blenders’ manufacturing footprint and supporting long-term volume growth.
The additional bottling capacity is expected to be added by Q3 FY27, while the malt distillery is targeted for commissioning by Q3 FY28.