Announcement Details
SOM Distilleries and Breweries Limited has intimated the stock exchanges under Regulation 30 of SEBI LODR Regulations regarding the renewal of its contract manufacturing agreement with Carlsberg India.
Contract Terms and Details
- Contracting Entity: Carlsberg India (domestic entity)
- Agreement Type: Renewal of existing Contract Manufacturing Agreement
- Facility Location: Odisha manufacturing facility
- Contract Duration: Three years, renewable further by mutual agreement
- Nature: Manufacturing Agreement
- Consideration: Not ascertainable at present as it depends on actual business/production volumes under the arrangement
- Related Party Status: No - not a related party transaction, conducted at arm's length
- Promoter Interest: No interest by promoter/promoter group/group companies in Carlsberg India
Strategic Implications
- The extension reinforces Carlsberg India's continued confidence in the company's manufacturing capabilities, operational infrastructure, and execution track record
- The agreement is expected to provide improved capacity utilization at the Odisha facility
- Supports the Company's long-term growth strategy
Disclosure Status
- Voluntary disclosure as the amount involved is below materiality threshold limits as per SEBI regulations
- Disclosure made pursuant to SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
- Information also available on the company website