Allied Blenders and Distillers Limited has acquired a distillery and bottling facility at District Moradabad, Uttar Pradesh from National Industrial Corporation of India Private Limited.
The transaction involved the transfer of land, buildings, plant and machinery associated with the facility, as well as relevant operational licenses from NICOL to Allied Blenders.
M Mulla Associates advised Allied Blenders on all legal aspects of the transaction, including due diligence, transaction structuring and the finalisation of transaction documents which included Sale Deeds for the sale of land of 35 acres along with a Facility Assets Transfer Agreement and License Transfer Agreement.
The transaction team was led by Maneck N. Mulla (Managing Partner), with assistance from Riddhi Dadia (Principal Associate) and Aliasgar Challawala (Associate).
JSA Advocates & Solicitors represented NICOL on this transaction.
The transaction team was led by Probir Roy Chowdhury (Partner), with support from Yajas Setlur (Partner), Pranavi Pera (Principal Associate), Associates Moushami Nayak and Haritima Kavia.
Additional support from the Corporate Team was provided by Kartik Jain (Partner) and Anmol Mahajan (Associate).
Further assistance from the Real Estate Team included Bharat Bhushan Sharma (Partner) and Mohit Aggarwal (Principal Associate).
The acquisition is expected to strengthen Allied Blender's Indian Made Foreign Liquor (IMFL) bottling capacity in Uttar Pradesh and support the expansion of its distillery operations. The transaction forms part of ABDL’s broader growth strategy to expand its manufacturing capabilities and enhance operational efficiencies in key markets.
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