$ABDL

ALLIED BLENDERS & DISTILLERS FACES ₹25.54 CR CLAIM ⚖️ • 📄 Former MAIIPL director Balaji Shivdas Pawar has filed a Statement of Claim before a sole arbitrator • 💰 Claim amount stands at ₹25.54 Cr, along with 18% annual interest from the date of filing until realization • 📝 Claim relates to alleged outstanding dues under a Deed of Retirement-cum-Admission dated December 10, 2024 • 🏢 Claim has been filed against MALIIPL (subsidiary of ABDL), Allied Blenders & Distillers and another party • ⚖️ Company has appointed legal counsel and plans to file a detailed defense and counterclaim • 🛡️ ABDL stated the claims are partly/fully unsustainable, based on factual misstatements and contrary to records • 📌 Company believes it has a robust defense and is taking necessary steps to safeguard its interests 🟠 Impact: Neutral to Slightly Negative (Litigation-related development; financial exposure is limited relative to company size, but the dispute may create near-term overhang until resolution.)