Craft Emerging Markets decreased its stake in Monika Alcobev from 2.23% to 1.39%, selling 180,000 shares for ₹4 crore at ₹222 apiece.
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.
Focused on emerging market equities including India.