Monika Alcobev Limited has entered into a strategic partnership with Angostura to import, distribute, and market the Caribbean brand’s portfolio across key Indian markets. The collaboration aims to formalize Angostura’s presence in India’s premium spirits segment, addressing previous limitations where the brand was largely available through unofficial channels. The partnership is expected to strengthen the brand’s footprint in bars, restaurants, retail outlets, and hospitality destinations nationwide.

The disclosure was made on July 27, 2026, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015. The company notified BSE Limited regarding the press release titled “Monika Alcobev Announces Partnership with Angostura, Bringing the Iconic Caribbean Brand to India.”

Portfolio and Rollout Plan

Under the agreement, Monika Alcobev will spearhead the distribution of three core products:

• Angostura 5-Year-Old Rum
• Angostura Aromatic Bitters
• Angostura Orange Bitters

The products will initially launch in Maharashtra and Delhi. Following this initial phase, the company plans a phased expansion into other states across India.

Strategic Context

Monika Alcobev currently represents more than 100 international brands across India and neighboring South Asian markets. Its portfolio spans tequila, whiskey, gin, rum, wines, and liqueurs, including globally acclaimed labels such as Jose Cuervo, Remy Martin, Cointreau, and Ron Diplomático. The company operates across HORECA, Retail, and Travel Retail channels.

Kunal Patel, Managing Director of Monika Alcobev, stated that Indian consumers are showing increased interest in authentic brands with provenance and craftsmanship, particularly within evolving cocktail culture. He noted that drinks such as the Picante are increasingly shaping urban consumption trends.

Ian Forbes, Chief Executive Officer of Angostura, described the partnership as an effort to position Angostura as a premium lifestyle brand in India. He highlighted opportunities to collaborate with bartenders, mixologists, retailers, and hospitality partners to showcase the brand’s versatility.

What the Numbers Show

While no financial values were disclosed for this specific partnership, the strategic move aligns with Monika Alcobev’s broader growth trajectory following its SME IPO in July 2025. The acquisition of a legacy brand like Angostura, established in 1824, signals a shift toward consolidating high-equity, bartender-affinity labels rather than solely relying on volume-driven imports. This approach may enhance margin stability by leveraging established brand loyalty in the premium segment, although success will depend on execution in the competitive Maharashtra and Delhi markets first.

Monika Alcobev Limited held its 4th Annual General Meeting on June 25, 2026, through video conferencing, where shareholders approved the audited financial statements for the year ended March 31, 2026. The meeting, chaired by Mr. Bhimji Patel, saw the re-appointment of a director and the declaration of a final dividend. All three ordinary resolutions were passed with the requisite majority, with 13,347,922 votes cast in favour and zero against, representing 100% of the total votes polled.

Key Resolutions

The shareholders voted on three ordinary resolutions during the meeting. The agenda items covered the adoption of financial statements, director re-appointment, and dividend declaration.

Meeting Proceedings

Mr. Aditya Agrawal, Partner at M/s. Agrawal Mundra & Associates, served as the Scrutinizer for the remote e-voting and e-voting conducted during the meeting. The remote e-voting facility was operational from June 21, 2026, to June 24, 2026, for members holding shares as of the cut-off date of June 18, 2026. The Managing Director, Mr. Kunal Patel, addressed the gathering regarding the company's performance during the financial year 2025-26.

The meeting concluded at 3:46 p.m. IST, with the e-voting facility remaining open for an additional 15 minutes post-conclusion. The consolidated results of the voting were declared and submitted to the stock exchanges. The statutory auditors, M/s. Shah Gupta & Co., provided an unmodified opinion on the financial results, though they noted an emphasis of matter regarding the company's reassessment of its tax eligibility under Section 115BAB of the Income-tax Act, 1961.