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Officer's Choice Whisky Founders Are Said To Consider ABD Sale

NDTV Profit 1d ago·25 Sept 2026, 11:59 am

The Chhabria family, the owners of the popular Officer's Choice whisky brand, is reportedly exploring the sale of a stake in its distillery business, Allied Blenders & Distillers (ABD). The family is said to be working with financial advisers to evaluate potential strategic buyers. This move comes as the spirits industry faces a slowdown in demand, prompting many companies to look for partnerships or exits to strengthen their balance sheets.

For investors, this news signals a potential shift in ownership for a major player in the Indian alcoholic beverages sector. A strategic sale could bring in fresh capital and expertise, but it might also change the company's long-term strategy. The deal structure, whether it involves a full exit or a partial stake sale, will be a key factor in determining the stock's future performance. Market participants will closely watch for official announcements regarding the valuation and the identity of any potential buyers.