Associated alcohols & breweries Limited has announced that its Board of Directors will convene on April 1, 2026, to discuss critical business planning matters for the upcoming financial year. The meeting represents a key milestone in the company's annual strategic planning process.

Meeting Details and Venue

The board meeting is scheduled to take place at the company's registered and corporate office, providing a formal setting for important deliberations. The venue details and timing have been clearly communicated to ensure proper attendance and compliance.

Key Agenda Items

The board meeting will focus on two primary areas of discussion that are crucial for the company's forward planning and governance.

The main agenda items include:

• Discussion and presentation of the Annual Operating Plan and Budget for Financial Year 2026-2027
• Consideration of any other business matters with the Chairperson's permission

Corporate Governance and Compliance

The announcement demonstrates the company's commitment to maintaining transparent corporate governance practices. The prior intimation has been formally communicated to both major stock exchanges, ensuring compliance with listing requirements and keeping stakeholders informed about important corporate developments.

The company secretary and compliance officer, Abhinav Mathur, has signed the official communication, confirming the authenticity and formal nature of this board meeting announcement. This meeting forms part of the company's regular governance calendar and strategic planning activities.

Associated Alcohols & Breweries Limited has completed a significant equity allotment through warrant conversion, with both promoters Anand Kumar Kedia and Prasann Kumar Kedia filing regulatory disclosures under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The Board of Directors approved this strategic move during their meeting held on 12th March 2026.

Warrant Conversion Details

The company successfully allotted 11,00,000 equity shares of Rs. 10/- each at a premium of Rs. 669/- per share to warrant holders. This conversion generated total proceeds of Rs. 56,01,75,000 for the company. The warrants were originally issued on 7th October 2024 on a preferential basis in accordance with Chapter V of the SEBI ICDR Regulations.

Allottee Breakdown

The warrant conversion involved four key investors, including two promoter group members and two non-promoter investors. The allotment demonstrates strong confidence from both existing promoters and external stakeholders in the company's growth prospects.

Promoter Shareholding Disclosures

Both promoter brothers have filed separate disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, detailing their increased shareholdings in the company. The disclosures were submitted to BSE Limited and National Stock Exchange of India Limited on 16th March 2026.

Anand Kumar Kedia Shareholding

Prasann Kumar Kedia Shareholding

Post-Allotment Capital Structure

Following the conversion completed on 12th March 2026, the company's equity share capital increased from 1,89,79,200 shares to 2,00,79,200 equity shares of face value Rs. 10/- each. The conversion process has been fully completed with no outstanding warrants remaining.

This successful warrant conversion represents a complete utilization of the preferential issue facility, providing the company with additional capital for its business operations while enabling both promoters to increase their respective stakes in the alcoholic beverages and confectionery manufacturer.