Regulatory Disclosure Details
Reference: Disclosure in terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015
Key Partnership Details
- Rémy Cointreau has appointed Monika Alcobev Limited as its exclusive distribution and marketing partner for all of India.
- The partnership covers Rémy Cointreau's entire portfolio of premium spirits brands including: Rémy Martin, Louis XIII, The Botanist, Cointreau, St-Rémy, Bruichladdich, Metaxa, and Mount Gay.
- The transition is currently underway and will be completed seamlessly across retail and HORECA channels over the coming months.
Strategic Rationale
According to the disclosure, this partnership represents part of Rémy Cointreau's ambitions to develop a long-term, sustainable, and high-growth business in India. The consolidation reflects a vote of confidence in Monika Alcobev's PAN-India capabilities, premium positioning, and strong compliance-led execution. Rémy Cointreau aims to deepen its India strategy through a single-window platform backed by scale, efficiency, and market intelligence.
Management Commentary
- Kunal Patel, Managing Director of Monika Alcobev Limited: \"We are thrilled to take forward Rémy Cointreau's exceptional spirits portfolio across India. This consolidation reflects a shared commitment to long-term market development, premium consumer experiences, and the kind of transparency global brands increasingly expect from their India operations.\"
- Hemang Chandat, Chief Commercial Officer, Monika Alcobev Limited: \"Our teams are deeply engaged across India, from Delhi, Haryana and Jaipur to Mumbai, Goa and Bangalore, and beyond. This partnership allows us to streamline operations, offer stronger brand visibility, and drive deeper relationships with customers who already love Rémy Cointreau's iconic brands.\"
- Ian McLernon, Group Chief Markets Officer of Rémy Cointreau: \"Consolidating our presence across India with a single unified mandate and partner will undeniably strengthen our position on this market. We are confident Monika Alcobev Limited teams will build and drive an ambitious and sustainable growth plan for our brands as well as creating memorable and culturally relevant experiences for the Indian consumer.\"
Company Background Information
About Rémy Cointreau:
- Family-owned French Group with portfolio of 14 singular brands
- Listed on Euronext Paris
- Employs 1,783 employees
About Monika Alcobev Limited:
- Founded in 2015 by Bhimji Nanji Patel
- Led by Managing Director Kunal Patel
- India's leading importer and distributor of premium alcohol brands
- Launched ₹165.63 crore SME IPO on BSE in July 2025
- Portfolio of over 100 world-class labels
- Provides end-to-end solutions covering importing, logistics, distribution, and marketing across HORECA, retail, and duty-free channels
Additional Information
- The information is available on the company's website at www.monikaalcobev.com
- The press release contains forward-looking statements relating to strategic initiatives and future business performance, with caution about market conditions, regulatory changes, currency fluctuations, competition, and technological developments
- Contact person for media inquiries: Aakriti Rawat, Sr. Executive PR & Communications Lead