Allied Blenders and Distillers Limited (ABDL) announced a strategic realignment of its senior finance leadership. The Board of Directors, in a meeting held on January 29, 2026, approved changes to the Key Managerial Personnel (KMP) and Senior Managerial Personnel (SMP) to bolster the Group's growth, including its entry into the luxury segment with ABD Maestro Pvt Ltd. Mr. Jayant Manmadkar will relinquish his role as Chief Financial Officer (CFO) and KMP, effective February 1, 2026. He will transition to a newly created role of Group Finance Director, remaining part of the Senior Management Personnel (SMP). In this capacity, he will lead value-accretive capital investments, digital transformation, and inorganic growth through mergers and acquisitions, as well as cross-functional strategic initiatives across the group, focusing on long-term value creation and the Group's strategic roadmap. Mr. Ramakrishnan Ramaswamy has been appointed to resume the role of Chief Financial Officer, designated as KMP and SMP, effective February 2, 2026. Mr. Ramaswamy brings over three decades of experience, including his previous tenure as CFO of ABDL from 2010 to 2024. He will oversee the company's finance and accounts, including taxation, financial planning, information technology, banking, and treasury management. Mr. Ramaswamy will also act as an authorized KMP for determining the materiality of events and making disclosures to the stock exchanges. The Board meeting commenced at 3:00 PM IST and concluded at 6:00 PM IST on January 29, 2026. Alok Gupta, Managing Director of ABD, stated that this realignment ensures dedicated leadership for day-to-day operations while pursuing ambitious growth and capital expenditure objectives.
