Monika Alcobev Limited

Affluence Gems, which last reported a 3.84 percent stake in Monika Alcobev Limited, is no longer listed among the company's disclosed shareholders, indicating either a complete exit or a reduction of its holding to below the 1 percent disclosure threshold.

A spirits and wine distributor operating across the Indian subcontinent, Monika Alcobev handles importing, logistics, distribution, sales, marketing, and branding of premium spirits, wines, and liqueurs. The company provides comprehensive end-to-end services across the entire alcoholic beverages value chain, positioning itself as a key player in India's organized spirits and wine market. It caters to retail and institutional customers through its integrated distribution network.

Ahmedabad-based private limited company incorporated in 2011, operating in jewellery and gemstone trade with directors Dhiren Mahendrkumar Shah and Malaybhai Shantilal Kothari. Surplus cash is deployed in Indian listed equities, with disclosed positions surfacing in smallcap shareholding patterns.