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Deal● Neutral for Allied Blenders and Distillers
Officer’s Choice founders consider stake sale to Allied Blenders & Distillers
The brief
- The Chhabria family is working with an adviser
- Options include selling a stake to a strategic buyer
- A potential transaction could affect Allied Blenders and Distillers’ ownership and growth plans
| Stock | Traded | That day | vs Nifty | Volume | Since |
|---|---|---|---|---|---|
| ABDL | Fri, 25 Sept | +0.4% | +0.1% | 5.2× | +0.4% · Nifty +0.3% |