Associated Alcohols & Breweries Transitions to Job Work Arrangement with Inbrew Beverages
Associated Alcohols & Breweries Limited (AABL) is transitioning from a franchisee model to a job work arrangement with Inbrew Beverages Pvt. Ltd., effective July 11, 2025. This change applies to the manufacturing of Indian Made Foreign Liquor (IMFL) brands. The new arrangement may impact operational dynamics and revenue structures for both companies. AABL's Company Secretary, Abhinav Mathur, confirmed the shift in a regulatory filing to the BSE and NSE.

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Associated Alcohols & Breweries Limited (AABL), a prominent player in the Indian alcoholic beverage industry, has announced a significant change in its operational setup with Inbrew Beverages Pvt. Ltd. The company is shifting from its existing franchisee model to a job work arrangement, effective July 11, 2025.
Operational Shift
The transition, as disclosed in a regulatory filing to the BSE and NSE, marks a notable change in the business relationship between AABL and Inbrew Beverages. This move is expected to impact the operational dynamics and potentially the revenue structures of both entities.
Impact on IMFL Production
The revised arrangement specifically pertains to the manufacturing of Indian Made Foreign Liquor (IMFL) brands. Under the new job work setup, AABL will likely produce IMFL brands for Inbrew Beverages, as opposed to the previous franchisee model where AABL might have had more autonomy in production and distribution.
Company's Statement
In the official intimation, Abhinav Mathur, Company Secretary & Compliance Officer of Associated Alcohols & Breweries Limited, stated, "Effective July 11, 2025, the arrangement will be changed as a Job Work Arrangement." This concise statement underscores the company's commitment to transparency with its stakeholders.
Market Implications
While the full implications of this operational shift are yet to be seen, it represents a strategic move in AABL's business model. The change could potentially streamline operations, alter cost structures, and impact the company's revenue streams.
Conclusion
As Associated Alcohols & Breweries Limited adapts to this new operational framework, stakeholders will be keenly watching how this transition affects the company's performance and market position in the competitive alcoholic beverage industry. The move underscores the dynamic nature of business relationships in the sector and AABL's willingness to evolve its operational strategies.
Historical Stock Returns for Associated Alcohols & Breweries
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+2.10% | -0.15% | +9.90% | +9.01% | +71.80% | +373.82% |