Allied Blenders & Distillers Grants 2,25,000 Stock Options Under ABD ESOP Scheme-2024

2 min read     Updated on 13 May 2026, 02:47 AM
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Anirudha BScanX News Team
AI Summary

Allied Blenders & Distillers granted 2,25,000 stock options to eligible employees under the ABD Employee Stock Option Scheme-2024 on May 12, 2026, at an exercise price of ₹588.45 per option. The underlying equity shares carry a face value of ₹2/- each. Vesting is entirely performance-based, with 25% of options vesting at each of the 12, 24, 36, and 48-month milestones from the grant date. Vested options can be exercised within four years from the respective vesting date.

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Allied Blenders & Distillers has granted 2,25,000 stock options to eligible employees under the ABD Employee Stock Option Scheme-2024, following approval by the company's Nomination and Remuneration Committee at its meeting held on May 12, 2026. The committee meeting concluded at 7:30 P.M. (IST). The grant has been disclosed to stock exchanges pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the ESOP Grant

The stock options have been granted at a price of ₹588.45 per option, determined on the basis of the market price of the company's equity shares immediately prior to the grant date. Each option, upon exercise, entitles the holder to one equity share of Allied Blenders & Distillers with a face value of ₹2/- each. The grant is compliant with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

The table below summarises the key parameters of the ESOP grant:

Parameter: Details
Number of Options Granted: 2,25,000
Scheme Name: ABD Employee Stock Option Scheme-2024
Exercise Price: ₹588.45 per stock option
Face Value of Underlying Share: ₹2/- per equity share
Exercise Period: Within 4 years from respective vesting date

Vesting Schedule

The options are structured with a purely performance-based vesting schedule, spread equally across four tranches over 48 months from the date of grant. There is no time-based vesting component under this grant. The vesting details are as follows:

Vesting Date: Options to Vest Time-Based Vesting Performance-Based Vesting
12 months from grant date: 25% of options granted 0% 25%
24 months from grant date: 25% of options granted 0% 25%
36 months from grant date: 25% of options granted 0% 25%
48 months from grant date: 25% of options granted 0% 25%

Compliance and Disclosure

The intimation has been made in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026. The disclosure was signed by Sumeet Maheshwari, Company Secretary and Compliance Officer (Membership No. A15145), on behalf of Allied Blenders & Distillers. The company has also uploaded the intimation on its official website at www.abdindia.com . All other parameters including options exercised, options lapsed, money realised, and variation of terms are reported as not applicable at this stage.

Historical Stock Returns for Allied Blenders & Distillers

1 Day5 Days1 Month6 Months1 Year5 Years
-0.06%+5.93%+7.53%-7.28%+45.19%+79.88%

What specific performance metrics or targets must employees achieve to trigger vesting of each 25% tranche under the ABD Employee Stock Option Scheme-2024?

How might the purely performance-based vesting structure impact employee retention and talent acquisition at Allied Blenders & Distillers compared to peers using hybrid vesting models?

Given the exercise price of ₹588.45, how could potential fluctuations in Allied Blenders & Distillers' stock price over the next 48 months affect the attractiveness and dilution impact of this ESOP grant?

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Allied Blenders & Distillers Gets AP Govt LOI Revival for Greenfield IMFL Plant with ~46.5 Lakhs Cases Capacity

1 min read     Updated on 07 May 2026, 07:56 AM
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AI Summary

Allied Blenders & Distillers received a revived Letter of Intent from the Andhra Pradesh Government for a greenfield IMFL bottling plant with an annual capacity of approx. 46.5 lakhs cases, valid until September 26, 2028. The revival, communicated via a Government Memo dated May 04, 2026, also grants permission to obtain the DM2 (MGO) Licence, subject to payment of dues and other specified conditions.

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Allied Blenders & Distillers has announced the reinstatement of a Letter of Intent (LOI) by the Andhra Pradesh Government for establishing a greenfield Indian Made Foreign Liquor (IMFL) bottling plant in the state. The development was communicated via a regulatory disclosure under Regulation 30 of the SEBI Listing Regulations, with the letter received by the company on May 06, 2026 at 11:44 A.M.

Revival of Letter of Intent

The Office of the Commissioner of Distilleries and Breweries, Andhra Pradesh, issued a letter dated May 05, 2026, forwarding a copy of a Government Memo dated May 04, 2026. The memo communicates that the Principal Secretary to the Government of Andhra Pradesh, Revenue (Excise.I) Department, after careful examination of the matter, has revived the LOI in favour of the company. The key details of the revival are outlined below:

Parameter: Details
LOI Validity: Up to September 26, 2028
Licence Permitted: DM2 (MGO) Licence from the Commissioner, Prohibition and Excise, A.P.
Facility Type: Greenfield IMFL Bottling Plant
Location: Andhra Pradesh
Annual Capacity: Approx. 46.5 lakhs cases
Conditions: Payment of dues and other specified conditions

Regulatory Compliance and Conditions

The revival of the LOI is subject to the fulfilment of certain conditions, including payment of dues, as mentioned in the government communication. The company has also been granted permission to obtain the DM2 (MGO) Licence from the Commissioner, Prohibition and Excise, Andhra Pradesh, within the validity period of the LOI as per applicable rules.

Disclosure Details

The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. The intimation has also been uploaded on the company's official website at https://www.abdindia.com/ . The disclosure was signed by Sumeet Maheshwari, Company Secretary & Compliance Officer (Membership No. ACS - 15145), on May 06, 2026.

Historical Stock Returns for Allied Blenders & Distillers

1 Day5 Days1 Month6 Months1 Year5 Years
-0.06%+5.93%+7.53%-7.28%+45.19%+79.88%

How might the establishment of the greenfield IMFL bottling plant in Andhra Pradesh impact Allied Blenders & Distillers' market share and competitive positioning in South India?

What are the outstanding dues and financial obligations that Allied Blenders & Distillers must fulfill to maintain the revived LOI, and could these strain the company's near-term cash flows?

Given the LOI validity extends to September 2026, what is the realistic timeline for the plant to become operational, and how might construction delays affect the company's capacity expansion targets?

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1 Year Returns:+45.19%