BCL Industries Limited announced the successful completion of its acquisition of the remaining 25% equity stake in M/s. Svaksha Distillery Limited, making it a wholly owned subsidiary of the Company. The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and serves as a continuation of the earlier announcement made on December 4, 2025.
The acquisition was completed through the purchase of 14,98,632 equity shares, representing the remaining 25% shareholding in Svaksha Distillery Limited, for a total cash consideration of ₹55 crore. The transaction was completed on June 30, 2026.
Svaksha Distillery has an installed capacity of 350 KLPD and has emerged as a key growth driver for BCL's grain-based ENA and ethanol business. The company demonstrated exceptional revenue growth, increasing almost 4 times from ₹187 crore in FY23 to ₹899 crore in FY26.
The acquisition is expected to strengthen BCL's leadership in the grain-based ENA and ethanol industry while enhancing strategic and operational alignment across its distillery business. The transaction is anticipated to drive greater operational synergies, improve capital allocation, accelerate decision-making, and support the Company's long-term growth strategy.
Mr. Kushal Mittal, Joint Managing Director of BCL Industries Limited, commented that the completion marks another significant milestone in BCL's growth journey and positions the company to capitalize on future growth opportunities while creating sustainable long-term value for shareholders.