Allied Blenders and Distillers Limited (ABDL) — Board Meeting

📢 Key Event
ABDL shareholders approved fund raising and enhanced borrowing limits at AGM

🔄 What Changed
Borrowing limit raised to ₹1,600 crores and fund raising capacity approved

🔮 What's Next
Approval of fund raising and increased borrowing limits

💡 Investor Takeaway
Shareholders granted the company greater financial flexibility for future growth initiatives

Allied Blenders and Distillers Limited (ABDL) held its 18th Annual General Meeting on July 6, 2026 via video conferencing, where shareholders overwhelmingly approved all resolutions including audited financial statements, dividend declaration, director appointments, and fund raising. The meeting recorded 113,524 shareholders on record and utilized e-voting and remote participation. Key approvals included raising up to ₹1,000 crores through securities issuance and increasing borrowing limits to ₹1,600 crores, both passed with over 97% support. All resolutions were approved with majority or unanimous consent, reflecting strong governance and shareholder confidence. The company secretary certified compliance with SEBI norms.

📄 View Original Announcement (PDF)

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