|Chennai||Rs. 24020.00 (-0.17%)|
|Mumbai||Rs. 25020.00 (0.28%)|
|Delhi||Rs. 24450.00 (0%)|
|Kolkata||Rs. 24600.00 (-0.32%)|
|Kerala||Rs. 24050.00 (0%)|
|Bangalore||Rs. 24160.00 (-0.17%)|
|Hyderabad||Rs. 24030.00 (-0.12%)|
Kolkata, May 9 (IANS) Liquor baron Kishore Chhabria's Allied Blenders & Distillers (ABD) has acquired 100 percent stake in Wales Distilleries in West Bengal.
Wales Distilleries Pvt Ltd, located at Kalyani in Nadia district, is a modern distillery with a state of the art blending and bottling plant.
The bottling plant has a capacity of 1 lakh cases per month and ABD has plans to upscale it to 1.5 lacs cases a month shortly, a company release said Thursday.
Speaking on the development, ABD executive vice chairman and CEO Deepak Roy said: "This association will further strengthen our presence in east India and is a first in a series of moves that will fuel our expansion plans."