Allied Blenders and Distillers: Tax Liability of Rs. 16,16,16,000 Reduced to Zero for Subsidiary ABD Dwellings

Allied Blenders and Distillers Limited has informed the stock exchanges that its wholly-owned subsidiary, ABD Dwellings Private Limited, has received a favorable order from the Commissioner of Income-tax (Appeals) dated April 22, 2026. The order gives effect to the appeal proceedings, pursuant to which the entire income-tax liability of Rs. 16,16,16,000 has been reduced to zero. The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Background of the Disclosure

This announcement represents a continuation of the company's previous communications to the exchanges. The company had earlier issued letters dated March 8, 2025, and March 25, 2025, regarding the tax litigation matter involving its subsidiary. The latest development follows the SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, which outlines the disclosure requirements for such proceedings.

Key Details of the Order

Particulars	Details
Subsidiary Name	ABD Dwellings Private Limited
Order Date	April 22, 2026
Time of Receipt	11.02 p.m. (IST)
Original Tax Liability	Rs. 16,16,16,000
Revised Tax Liability	Rs. 0 (reduced to zero)
Authority	Commissioner of Income-tax (Appeals)

Regulatory Compliance

The company has provided the required details under Regulation 30 read with Clause 8 of Para B of Part A of Schedule III of SEBI Listing Regulations. The disclosure confirms that there are no applicable proceedings against Key Management Personnel, Promoters, or Ultimate Persons in Control related to this matter. Additionally, as this matter pertains to the reduction of liability through an appellate order rather than a settlement, details regarding settlement terms and compensation are not applicable.

The complete disclosure has been made available on the company's official website at https://www.abdindia.com/ . The communication was signed by Sumeet Maheshwari, Company Secretary & Compliance Officer of Allied Blenders and Distillers Limited, on April 23, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.51%	+3.48%	+45.33%	-10.74%	+67.61%	+75.62%

Allied Blenders and Distillers Limited has received orders from the Commissioner of Income Tax (Appeal) for Assessment Years 2014-2015 to 2024-25, resulting in net nil tax liability for the company. The orders were issued between April 6, 2026 and April 22, 2026, with the final order received on April 22, 2026 at 03:55 P.M IST.

The disclosure was made on April 23, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This communication continues earlier disclosures dated March 29, 2025, March 30, 2025 and January 31, 2026, providing stakeholders with updated information on the company's tax litigation status.

Official Disclosure Details

The company submitted its formal disclosure to both BSE Limited and National Stock Exchange of India Limited under reference number 9/2026-27. The communication was addressed to the exchanges with BSE Scrip Code 544203 and NSE Symbol ABDL.

Exchange:	Details
BSE Limited:	Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001
NSE Limited:	Exchange Plaza, Bandra-Kurla Complex, Mumbai - 400051
Reference No.:	9/2026-27
Disclosure Date:	April 23, 2026

Tax Litigation Update Details

The company provided comprehensive details as required under SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026.

Sr. No.:	Particulars	Update
1.	Details of any change in the status and/or any development in relation to such proceedings	The Company has received orders for Assessment Years 2014-2015 to 2024-25 dated 6th April, 2026 to 22nd April, 2026, giving effect to the Orders of Commissioner of Income Tax (Appeal), resulting in net nil tax liability
2.	In the case of litigation against key management personnel or its promoter or ultimate person in control	Not Applicable
3.	In the event of settlement of the proceedings, details of such settlement including terms, compensation/penalty paid and impact on financial position	Not Applicable

Compliance and Documentation

The disclosure has been made available on the company's website at https://www.abdindia.com/ for public access. The communication was digitally signed by Sumeet Maheshwari, Company Secretary & Compliance Officer, with Membership No. ACS - 15145, on April 23, 2026 at 15:07:36 +05'30'.

This development brings clarity to the company's tax position across multiple assessment years spanning over a decade, with the orders confirming no net tax liability arising from the appeals process. The resolution of this tax litigation removes potential financial uncertainty for the company.