Allied Blenders promoter sells 1.97% stake for ₹357.6 crore
- Bina Kishore Chhabria sold 55,00,000 shares on September 23, 2026
- Transaction value stood at ₹357.6 crore via open market on BSE
- Promoter's holding reduced from 58.20% to 56.23%
- Total promoter group stake declined to 78.94% post-divestment

*this image is generated using AI for illustrative purposes only.
Allied Blenders & Distillers Limited confirmed that Mrs. Bina Kishore Chhabria, a promoter and Co-Chairperson, sold 55,00,000 equity shares in the open market on September 23, 2026. This divestment represents 1.9663% of the total paid-up equity share capital and aims to help the company comply with Minimum Public Shareholding (MPS) requirements.
The transaction was executed through the open market on the BSE. The total value of the sale stood at ₹357,59,41,050 (excluding taxes and brokerage). Following this sale, Mrs. Chhabria’s holding reduced from 58.20% to 56.23% of the company’s equity shares. The broader promoter group holding stands at 80.91% as on September 22, 2026, prior to this specific trade execution.
Divestment Details
The proposed sale was part of a window running between September 23, 2026, and October 31, 2026. The specific details of the completed transaction are outlined below:
| Particulars | Details |
|---|---|
| Seller | Mrs. Bina Kishore Chhabria |
| Number of Shares Sold | 55,00,000 |
| Percentage of Capital | 1.9663% |
| Transaction Value | ₹357.6 crore |
| Sale Date | September 23, 2026 |
| Exchange | BSE |
| Pre-transaction Holding | 58.20% |
| Post-transaction Holding | 56.23% |
Regulatory Compliance and Undertakings
To ensure market integrity during this period, the Promoter and Promoter Group provided an undertaking not to purchase any equity shares in the open market on dates when sales were being undertaken. This measure prevents artificial price support or manipulation during the divestment process.
The company confirmed adherence to all applicable laws, including the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The intimation has been submitted to both stock exchanges and uploaded to the company’s website for public access.
Post-Sale Holding Structure
Following the execution of the trade, the shareholding pattern has shifted as detailed below:
| Entity | Pre-Sale Holding (%) | Post-Sale Holding (%) |
|---|---|---|
| Mrs. Bina Kishore Chhabria | 58.20% | 56.23% |
| Other Promoters & PAC | 22.71% | 22.71% |
| Total Promoter Group | 80.91% | 78.94% |
The disclosure confirms that no other instruments such as warrants or convertible securities were involved in this transaction. The face value of the equity shares remains ₹2 each.
Historical Stock Returns for Allied Blenders & Distillers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.36% | +4.83% | +15.20% | +38.27% | +37.57% | +134.65% |
Will Allied Blenders & Distillers execute additional divestments before the October 31, 2026 window closes to fully meet the Minimum Public Shareholding requirement?
How might the increased free float from this ₹357.6 crore sale impact the stock's liquidity and volatility in the near term?
What are the potential implications for the company's valuation if the promoter group's holding continues to dilute toward the regulatory minimum?


































