Piccadily Agro's Camikara Rum Becomes World's Best Indian Rum at Global Awards

2 min read     Updated on 12 Mar 2026, 01:01 PM
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Reviewed by
Jubin VScanX News Team
Overview

Piccadily Agro Industries has achieved a landmark success with its Camikara rum brand being recognized as the world's best Indian rum at two prestigious international competitions. The company won Master Medal and Gold at Global Rum & Cachaça Masters Awards 2026, plus Double Gold and Gold at The Fifty Best competition in USA, marking a historic moment for Indian premium spirits industry.

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Piccadily Agro Industries has achieved a historic milestone with its Camikara rum brand being recognized as the world's best Indian rum, securing top honors at two prestigious international competitions. The company's flagship rum has beaten global rum brands to claim the highest distinctions available in international rum competitions.

Record-Breaking International Recognition

Camikara has made history by becoming the only Indian rum to win both Master and Gold medals in the same year. At the Global Rum & Cachaça Masters Awards 2026 in the United Kingdom, Camikara 8-Year-Old was awarded the prestigious Master Medal, the competition's highest distinction. In the same competition, Camikara 3-Year-Old secured its second consecutive Gold Medal.

Award Details: Recognition
Camikara 8YO: Master Medal (Global Rum & Cachaça Masters 2026)
Camikara 3YO: Gold Medal (Global Rum & Cachaça Masters 2026)
Camikara 8YO: Double Gold Medal (The Fifty Best, USA)
Camikara 3YO: Gold Medal (The Fifty Best, USA)

Double Success Across Atlantic

The recognition extended to the United States, where at The Fifty Best's Aged Rum category tasting, Camikara 8YO received a Double Gold Medal—a distinction reserved for spirits receiving unanimous top scores from all judges. Camikara 3YO also secured Gold in the International blend category, demonstrating consistency across both expressions and international tasting panels.

These accolades place Camikara among a select group of rums to have impressed judging panels on both sides of the Atlantic, a rare achievement for any brand and particularly significant for Indian rum.

Transforming India's Premium Spirits Reputation

Shalini Sharma, Head of Marketing at Piccadily Agro Industries Limited, emphasized the historical significance: "For a country with such a long and complex relationship with sugarcane, this moment carries deep historical resonance. What we are witnessing now is a shift in perception. With global judging panels recognising the quality and character of what we are producing, Camikara is helping reshape how Indian spirits are viewed internationally."

Authentic Production Philosophy

Camikara's global recognition stems from its authentic production approach. Unlike many rums that rely on molasses or post-distillation additives, Camikara is crafted from fresh sugarcane juice harvested within 36 hours, preserving the natural character of the cane. The spirit is aged in American oak barrels under North India's subtropical climate, where temperature variations accelerate maturation and deepen wood-spirit interaction.

Production Features: Details
Base Material: Fresh sugarcane juice (harvested within 36 hours)
Aging Process: American oak barrels
Climate Advantage: North India's subtropical conditions
Production Focus: Terroir and traditional craft methods

Historical Stock Returns for Piccadily Agro Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+0.55%+3.65%-12.39%-24.70%-9.69%-9.69%
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Piccadily Agro Industries Completes ESOP Share Allotment, Increases Capital to Rs.98.57 Crore

1 min read     Updated on 02 Mar 2026, 12:14 PM
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Reviewed by
Radhika SScanX News Team
Overview

Piccadily Agro Industries successfully completed the allotment of 2092 equity shares under its Employee Stock Option Plan 2024 on March 6, 2026, following a rescheduled board meeting. The allotment increased the company's paid-up capital from Rs.98.57 crore to Rs.98.57 crore, with shares issued at Rs.10 exercise price to eligible employees and ranking pari-passu with existing equity shares.

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*this image is generated using AI for illustrative purposes only.

Piccadily Agro Industries Limited has successfully completed the allotment of equity shares under its Employee Stock Option Plan 2024 following a board meeting held on March 6, 2026. The company had previously rescheduled this meeting from February 6, 2026, to finalize the ESOP share allocation process.

Board Meeting Outcome

The board of directors approved the allotment of 2092 equity shares of Rs.10 each to eligible employees and grantees who exercised their options under the Piccadily Agro Employee Stock Option Plan 2024. The meeting commenced at 12:15 PM and concluded at 12:45 PM, with all necessary approvals granted in compliance with regulatory requirements.

Parameter: Details
Meeting Date: March 6, 2026
Shares Allotted: 2092 equity shares
Face Value: Rs.10 each
Exercise Price: Rs.10 per share
Distinctive Numbers: 99213217 to 99215308
ISIN Number: INE546C01010

Capital Structure Impact

Following this allotment, the company's issued, subscribed and paid-up equity capital has increased from Rs.98,56,94,160 to Rs.98,57,15,080. The total number of shares outstanding now stands at 98571508 equity shares.

Capital Structure: Before Allotment After Allotment
Paid-up Capital: Rs.98,56,94,160 Rs.98,57,15,080
Total Shares: 98569416 98571508
Increase: - Rs.20,920

Regulatory Compliance

The allotment was conducted pursuant to Regulation 30 read with Part A of Schedule III and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Niraj Kumar Sehgal communicated the outcome to both BSE Limited and National Stock Exchange of India Limited.

The newly allotted equity shares rank pari-passu with existing equity shares of the company, ensuring equal rights and privileges for all shareholders. The shares have been issued in dematerialized form and are identical in all respects to the company's existing equity shares.

Historical Stock Returns for Piccadily Agro Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+0.55%+3.65%-12.39%-24.70%-9.69%-9.69%
Piccadily Agro Industries
View Company Insights
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1 Year Returns:-9.69%