Key Changes and Effective Dates

  • Cessation: Mr. Alok Gupta (DIN: 02330045) is stepping down from his positions as Managing Director and Key Managerial Personnel (KMP) of the company. The cessation is effective from the end of business hours on May 31, 2026. This is before the end of his scheduled tenure, which was due to end on August 31, 2026. His resignation letter dated May 21, 2026, is enclosed as Annexure A.
  • Appointment: Mr. Amar Sinha (DIN: 01488890) is appointed as an Additional Director and Managing Director & KMP of the company. The appointment is effective from June 1, 2026, for a period of three years, ending on May 31, 2029 (both days inclusive).

Conditions and Approvals

The appointment of Mr. Amar Sinha is subject to the approval of the members of the company, indicating it will require ratification at a forthcoming general meeting.

Background of New Appointee

Mr. Amar Sinha is described as a seasoned industry professional with over three decades of leadership experience in the alcoholic beverage and consumer sectors. His profile includes:

  • Former roles as Chief Operating Officer at Radico Khaitan and Managing Director at Whyte & Mackay India.
  • Executive positions at Herbertsons (UB Group).
  • Experience spans sales, marketing, brand building, operational scale-up, and organizational transformation.
  • Recognitions include the Rajeev Gandhi Excellence Award, Most Enterprising CEO of the Year (2015), Make in India Excellence Award (2016), and Business Leader of the Year at the IndSpirit Awards in 2023.

Regulatory and Compliance Details

  • Mr. Amar Sinha is confirmed to be unrelated to any other directors of the company.
  • He is not debarred from holding the office of director by virtue of the Companies Act, 2013 or any order issued by SEBI or any other authority.
  • With effect from June 1, 2026, Mr. Amar Sinha (contact: +91 22 4300 1111) will be one of the KMPs authorized for determining the materiality of events and making disclosures to the stock exchanges under Regulation 30 of the SEBI Listing Regulations.
  • The disclosure is made with reference to SEBI Master Circular No. HO/49/14 /14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Document and Administrative Information

  • Symbol (NSE): ABDL
  • Reference No.: 27 /2026-27
  • The intimation has been uploaded to the company's website at https://www.abdindia.com/.