Allied Blenders & Distillers Appoints Jayant Manmadkar as CFO, Bolstering Financial Leadership
Allied Blenders & Distillers (ABD), India's largest domestic spirits company by volume, has appointed Jayant Bhalchandra Manmadkar as its new Chief Financial Officer, effective October 10, 2025. Manmadkar brings over 32 years of experience across various sectors including financial services, pharmaceuticals, and alcobev. He holds qualifications as a Chartered Accountant, Cost and Works Accountant, Company Secretary, and has a Master's degree in Commerce. His expertise spans strategic planning, mergers and acquisitions, treasury management, and corporate governance. ABD's Managing Director, Alok Gupta, expressed confidence in Manmadkar's ability to strengthen the company's financial strategy.

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Allied Blenders & Distillers Limited (ABD), India's largest domestic spirits company by volume, has announced a significant addition to its leadership team. Mr. Jayant Bhalchandra Manmadkar has been appointed as the company's new Chief Financial Officer (CFO), effective October 10, 2025. This strategic move is set to strengthen ABD's financial strategy and support its growth initiatives.
A Wealth of Experience
Mr. Manmadkar brings an impressive array of qualifications and experience to his new role:
Qualification | Experience |
---|---|
Chartered Accountant (CA) | Over 32 years across various sectors |
Cost and Works Accountant (ICWA) | Financial services |
Company Secretary (CS) | Pharmaceuticals |
Master's degree in Commerce (M.Com) | Alcobev |
Manufacturing | |
Real estate | |
Retail |
Professional Journey
Throughout his career, Mr. Manmadkar has been associated with several leading organizations, including:
- Seagram India Pvt. Ltd.
- Brigade Enterprises Ltd.
- Mahindra Lifespace Developers Ltd.
- Sai Life Sciences Ltd.
- Cohance Lifesciences Ltd.
- Wockhardt Ltd.
- Reliance Retail
Areas of Expertise
Mr. Manmadkar's core competencies span a wide range of financial and strategic areas:
- Strategic planning
- Mergers and acquisitions
- International operations
- Treasury and corporate finance
- Financial planning and analysis
- Taxation
- Investor relations
- Information technology
- Corporate governance
- Corporate affairs
Leadership's Perspective
Mr. Alok Gupta, Managing Director of ABD, expressed confidence in the new appointment, stating, "Jayant's extensive cross-sectoral experience, strong foundation in financial management, and proven track record in driving finance and business strategy at both national and international levels will be instrumental in strengthening our financial strategy."
Manmadkar's Vision
Upon his appointment, Mr. Manmadkar shared his thoughts: "Joining ABD at this exciting juncture is a tremendous opportunity. I look forward to leveraging my experience to build on the company's strong financial foundation and contribute to its long-term strategic vision. Together with the leadership team, I aim to build on ABD's strong foundation and advance its commitment to performance, efficiency, and sustained growth."
About Allied Blenders and Distillers Limited
ABD is renowned for its presence in five main spirit categories: whisky, brandy, rum, vodka, and gin. The company boasts 'millionaire' brands such as Officer's Choice Whisky, Officer's Choice Blue Whisky, Sterling Reserve Premium Whiskies, and ICONiQ White Whisky. ABD's manufacturing network is extensive, comprising:
- 9 owned bottling units
- 2 owned distilleries
- 26 non-owned manufacturing units
This appointment marks a significant step for ABD as it continues to solidify its position in the Indian spirits market and prepares for future growth and expansion.
Historical Stock Returns for Allied Blenders & Distillers
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-2.97% | -4.95% | -6.29% | +70.98% | +53.62% | +66.36% |