Associated Alcohols & Breweries Ltd
Equity Intelligence India, which last reported a 1.0 percent stake in Associated Alcohols & Breweries Ltd, has dropped off the company's disclosed shareholder list, indicating either a complete exit or a reduction of its holding to below the 1 percent reporting threshold.
A manufacturer and trader of alcoholic beverages, Associated Alcohols & Breweries produces ethanol, Indian-made country liquor, and Indian-made foreign liquor for domestic consumption. The company also manufactures hand sanitizers, diversifying its product base beyond core spirits production. Operating across multiple segments of India's beverage industry, it serves both retail and commercial distribution channels with a focus on quality production and market reach.
Kochi-based founded by Porinju Veliyath in 2002. Contrarian deep-value smallcap manager known for buying out-of-favour businesses ahead of the cycle.
