Abu Dhabi Investment Authority bought 15.03 lakh shares of Allied Blenders and Distillers Limited for ₹97.72 Cr at ₹650 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.
Sovereign wealth fund of the Emirate of Abu Dhabi, established in 1976 and one of the world's largest SWFs with around USD 1 trillion in assets. Long-term, multi-decade horizon. Indian equities sit inside its emerging markets allocation and ADIA is a consistent anchor in marquee Indian IPOs and large-block deals.
