Allied Blenders and Distillers Limited
SBI Mutual Fund bought 34,00,725 shares of Allied Blenders and Distillers Limited for ₹221.05 Cr at ₹650.00 apiece in a bulk deal.
A manufacturer and distributor of alcoholic beverages, Allied Blenders operates across the spirits and brewing sector in India. The company produces and markets a comprehensive range of spirits and other alcoholic drinks through both owned production facilities and strategic distribution partnerships. Established in 2008, it serves the domestic market with a focus on quality manufacturing, blending, and distribution of alcohol-based consumer beverages across multiple categories.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.