NSEGeneral Updates30 Jul 2026 · 30 Jul 2026, 08:18 pm

General Updates

Associated Alcohols & Breweries Ltd. · ASALCBR

✦ AI Summary▼ NegativeRegulatory

Associated Alcohols & Breweries Ltd. has received a communication from FSSAI prohibiting the sale of one of its Whiskey and Rum brand due to non-compliance with the Food Safety and Standards Act, 2006. The company is assessing the operational and financial impact and will keep the stock exchanges informed of any further developments.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk8/10
Balance Sheet Risk6/10
Liquidity Impact4/10
Market Sentiment2/10

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Associated Alcohols & Breweries Ltd. has informed the Exchange about communication from FSSAI

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ASALCBR_30072026201734_Letter_SE_FSAAI__003_.pdf

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Associated Alcohols & Breweries Limited 30th July 2026 To, The Listing Department The Department of Corporate Services National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, G Block PJ Tower, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 507526 NSE Symbol: ASALCBR Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Regulatory action by FSSAI Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III thereto, we hereby inform you that the Company has received a communication dated 29 July 2026 from the Food Safety and Standards Authority of India (FSSAI) ,Regional Office, Mumbai , prohibiting the sale of one of Whiskey and Rum brand manufactured by the Company. According to the communication received from FSSAI, the regulatory action has been taken on the ground that the declaration of “artificial flavour” on the label is not in conformity of the Food Safety and Standards Act, 2006 and the rules and regulations framed thereunder. As advised by the legal counsel that the declaration on the labels in our products under question are in line of long standing practices across the industry and in accordance of the provisions of the law as applicable and the action of FSSAI in the matter is unjustified and accordingly we are approaching Hon’ble High Court for immediate intervention in the matter. Further such actions recently have been initiated by the FSSAI on pan India level and the matter has also been taken up by the Confederation of Indian Alcoholic Beverage Companies(CIABC) and International Spirits & Wines Association of India(ISWAI) with the FSSAI Authorities inter alia stating that this practice is long standing industry practice and established IMFL nomenclature and is in conformity with the use of permitted flavoring substances declared in the ingredient statement is in the accordance with the Food Safety And Standards( Labelling and Display) Regulations 2020. Registered /Corporate Office: 4th Floor, BPK Star Tower, A.B. Road, Indore – 452008 (M.P.) India Contact No. + 91 731 4780400/490 | E-mail: info@aabl.in | CIN: L15520MP1989PLC049380 Plant: Khodigram, Tehsil Barwaha, Distt. Khargone – 451115 (M.P.) Associated Alcohols & Breweries Limited The Company is in the process of assessing the operational and financial impact of the said regulatory action and the Company shall keep the Stock Exchanges informed of any further material developments in accordance with the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Company remains committed to maintaining the highest standards of quality, product safety and regulatory compliance. This disclosure is being made to ensure timely dissemination of material information to the shareholders and the investing public. Information required as per Listing regulations is attached as Annexure A Kindly take the above information on record. Your Faithfully, Associated Alcohols and Breweries Ltd Abhinav Mathur Company Secretary & Compliance Officer Registered /Corporate Office: 4th Floor, BPK Star Tower, A.B. Road, Indore – 452008 (M.P.) India Contact No. + 91 731 4780400/490 | E-mail: info@aabl.in | CIN: L15520MP1989PLC049380 Plant: Khodigram, Tehsil Barwaha, Distt. Khargone – 451115 (M.P.) Associated Alcohols & Breweries Limited Annexure A 1 Name of the authority; Food Safety and Standards Standards Authority of India(FSSAI) 2 Nature and details of the action(s) taken720[***] Prohibition on sale of “article in or order(s) passed; question” in respect of one of Whiskey and Rum brand . 3 Date of receipt of direction or order, including Notice received on 29-07-2026 after any ad-interim or interim orders, or any other office hours. communication from the authority; 4 Details of the violation(s)/contravention(s) The action has been taken by the committed or alleged to be committed FSSAI under the allegation that the declaration of “artificial flavour” on the label is not in conformity of the Food Safety and Standards Act, 2006 and the rules and regulations framed thereunder. 5 Impact on financial, operation or other activities As advised by the legal counsel that the of the listed entity, quantifiable in monetary declaration on the labels in our products under question are in line of long terms to the extent possible standing practices across the industry and in accordance of the provisions of the law as applicable and the action of FSSAI in the matter is unjustified and accordingly we are approaching Hon’ble High Court for immediate intervention in the matter. Further such actions recently have been initiated by the FSSAI on pan India level and the matter has also been taken up by the Confederation of Indian Alcoholic Beverage Companies(CIABC) and International Spirits & Wines Registered /Corporate Office: 4th Floor, BPK Star Tower, A.B. Road, Indore – 452008 (M.P.) India Contact No. + 91 731 4780400/490 | E-mail: info@aabl.in | CIN: L15520MP1989PLC049380 Plant: Khodigram, Tehsil Barwaha, Distt. Khargone – 451115 (M.P.) Associated Alcohols & Breweries Limited Association of India(ISWAI) with the FSSAI Authorities inter alia stating that this practice is long standing industry practice and established IMFL nomenclature and is in conformity with the use of permitted flavoring substances declared in the ingredient statement is in the accordance with the Food Safety And Standards( Labelling and Display) Regulations 2020. The Company is in the process of assessing the operational and financial impact of the said regulatory action and the Company shall keep the Stock Exchanges informed of any further material developments in accordance with the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Registered /Corporate Office: 4th Floor, BPK Star Tower, A.B. Road, Indore – 452008 (M.P.) India Contact No. + 91 731 4780400/490 | E-mail: info@aabl.in | CIN: L15520MP1989PLC049380 Plant: Khodigram, Tehsil Barwaha, Distt. Khargone – 451115 (M.P.)