Allied Blenders and Distillers shares in focus after Telangana grants malt spirit manufacturing licence

Allied Blenders and Distillers is likely to be in focus after receiving a Telangana excise licence to manufacture malt spirits at its Rangapur facility. The licence allows the company to produce around 4.4 million BL annually, enabling in-house sourcing of malt spirit. The move is expected to support raw material requirements, improve operational efficiencies and strengthen its premium portfolio.