Allied Blenders and Distillers Limited has appointed Monish Bhasin as its new Chief Revenue Officer (CRO), Key Managerial Personnel (KMP), and Senior Management Personnel (SMP), effective July 1, 2026. This leadership transition follows the resignation of Manoj Kumar Rai from the positions of CRO, KMP, and SMP, effective the close of business hours on June 30, 2026. The Board of Directors approved these changes during its meeting on June 18, 2026, based on the recommendations of the Nomination and Remuneration Committee.

Profile of the New CRO

Monish Bhasin brings over 28 years of experience to the role, having worked across the alco-bev and consumer goods sectors. In his most recent position, he served as Vice President – Sales for the Southern Region at United Spirits Limited, where he managed one of Diageo India’s largest geographies by Net Sales Value (NSV). His professional background also includes tenures at Mahindra & Mahindra and Godrej & Boyce. Bhasin's expertise encompasses sales strategy, trade marketing, and route-to-market optimization.

Resignation Details

Manoj Kumar Rai tendered his resignation from the role of CRO, KMP, and SMP citing the deteriorating health of his parents as the reason for his departure. He requested to be relieved from his responsibilities effective June 30, 2026. The company has enclosed his resignation letter as part of the regulatory disclosure.

Key Managerial Personnel Changes

The following table summarizes the changes in the company's Key Managerial Personnel:

The disclosures regarding these changes were made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that Monish Bhasin is not related to any Director or KMP of the company.

Allied Blenders & Distillers Limited has scheduled its 18th Annual General Meeting (AGM) for Monday, July 6, 2026, at 3:00 P.M. (IST) through Video Conferencing. The company reported a record financial performance for FY26, with EBITDA rising 25.8% to ₹568 Crores and Profit After Tax growing 13% to ₹220 Crores. The Board has recommended a dividend of ₹5.4 per share, up from ₹3.60 in the previous year, resulting in a total cash outflow of ₹151.04 Crores. The record date for dividend entitlement is Friday, June 26, 2026, with payment scheduled on or after Tuesday, July 7, 2026.

Record Financial Performance in FY 2025-26

FY26 marked a defining year for the company, reporting record annual profits and its second consecutive year of consistent quarterly performance post-listing. On a consolidated basis, Income from Operations increased 11.5% to ₹3,949 Crores, while EBITDA margins expanded by 163 basis points to 14.4%. The Gross Margin improved to 45.6% from 42.1% in the previous year. Operating Cash Flow stood at ₹362 Crores, and cases sold grew 8.5% to 35.9 Million.

On a standalone basis, revenue net of excise duty grew 10.24% to ₹3,88,015.03 Lakhs. Standalone Profit After Tax rose 34.08% to ₹26,832.96 Lakhs. Consolidated Revenue from Operations (net of excise duty) stood at ₹3,92,277.84 Lakhs, an increase of 11.45% over the previous year.

Balance Sheet Strengthening and Dividend

The balance sheet remained robust with Net Debt to EBITDA at 1.7x as of March 31, 2026, and Net Debt to Equity at 0.6x. Return on Capital Employed stood at 19.7%. The Board recommended a dividend of 270%, or ₹5.4 per equity share of face value ₹2.00 each, for FY 2025-26. India Ratings & Research Private Limited upgraded the bank loans rating from 'IND A-' to 'IND A' with Positive Outlook.

AGM Agenda and Corporate Developments

The AGM agenda includes the adoption of financial statements, declaration of the recommended dividend, and the re-appointment of Mr. Kishore Rajaram Chhabria and Mrs. Bina Kishore Chhabria. Mr. Amar Sinha (DIN: 01488890) is appointed as Managing Director for three years from June 1, 2026, succeeding Mr. Alok Gupta. Special business includes raising funds up to ₹1,000 Crores via equity shares or other securities and increasing borrowing limits up to ₹1,600 Crores. As on March 31, 2026, the company had 13 subsidiaries and 938 employees. The statutory auditors Walker Chandiok & Co LLP issued an unmodified audit opinion.

Strategic Milestones and Portfolio Expansion

Premiumisation efforts saw Prestige & Above (P&A) salience increase to 47.2% of volumes and 57.3% of sales value. ICONiQ White crossed the 10 million cases milestone, selling 10.7 million cases. ABD Maestro expanded its portfolio across categories, achieving 80% addressable market presence. New launches included The Collective, YELLO Designer Whisky, and Russian Standard Vodka. The global footprint expanded to 36 countries, and the PET facility in Telangana was commissioned.

Backward Integration and Capital Expenditure

Investments in backward integration included a Single Malt Distillery in Telangana (₹75 Cr) and ENA Capacity Expansion in Aurangabad (₹260 Cr). Bottling expansions in Uttar Pradesh and Maharashtra are planned, along with a new ENA Distillery in Andhra Pradesh (~₹300 Cr). These projects aim to enhance EBITDA margins by approximately 300 basis points by FY28.