BCL Industries completes acquisition of Svaksha Distillery
BCL Industries Limited has acquired the remaining 25% equity stake in M/s. Svaksha Distillery Limited for ₹55 crore, making it a wholly owned subsidiary. The transaction involved the purchase of 14,98,632 equity shares and was completed on June 30, 2026. Svaksha Distillery, with an installed capacity of 350 KLPD, reported a revenue increase of almost 4 times from ₹187 crore in FY23 to ₹899 crore in FY26. Mr. Kushal Mittal, Joint Managing Director, highlighted that the acquisition enhances operational efficiencies and supports long-term growth.

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BCL Industries Limited has completed the acquisition of the remaining 25% equity stake in M/s. Svaksha Distillery Limited for a total cash consideration of ₹55 crore, making it a wholly owned subsidiary. The transaction, which involved the purchase of 14,98,632 equity shares, was executed on June 30, 2026, strengthening the company's position in the grain-based ENA and ethanol industry.
Acquisition Details
The following table outlines the key parameters of the transaction:
| Parameter | Details |
|---|---|
| Stake Acquired | 25% (remaining) |
| Acquisition Value | ₹55 crore |
| Shares Purchased | 14,98,632 equity shares |
| Entity Acquired | M/s. Svaksha Distillery Limited |
Revenue Performance of Svaksha Distillery
Svaksha Distillery has demonstrated significant operational scale, with revenue increasing almost 4 times from ₹187 crore in FY23 to ₹899 crore in FY26. The unit, which has an installed capacity of 350 KLPD, has emerged as a key growth driver for BCL Industries.
| Metric | Reported Figure |
|---|---|
| Revenue (FY26) | ₹899 crore |
| Revenue (FY23) | ₹187 crore |
| Growth | 4 times |
| Installed Capacity | 350 KLPD |
Strategic Consolidation
With this acquisition, BCL Industries now holds 100% ownership of Svaksha Distillery. Mr. Kushal Mittal, Joint Managing Director, BCL Industries Limited, stated that the move enhances operational efficiencies and positions the company to capitalize on future growth opportunities. The transaction is expected to drive greater operational synergies and improve capital allocation across the distillery business.
Historical Stock Returns for BCL Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.55% | +4.28% | -5.90% | +22.19% | -13.81% | +39.27% |
How will BCL Industries utilize the full ownership of Svaksha Distillery to optimize capital allocation and fund future expansion projects?
What specific operational synergies does BCL Industries expect to unlock now that Svaksha is a wholly owned subsidiary?
Will the company consider increasing the 350 KLPD installed capacity of Svaksha Distillery to meet rising ethanol demand?































