Mumbai, 7th August 2024 (GNI) : Allied Blenders and Distillers Limited, the 3rd largest spirits company in India in terms of annual sales volumes between FY14 and FY24, appoints Deloitte Touche Tohmatsu India LLP (“Deloitte”) for Enterprise Risk Management (ERM) services.
This initiative is designed to enhance our risk management framework, in line with our commitment to sustainable growth and robust corporate governance.
As we initiate our collaboration with Deloitte, we look forward to the advantages this collaboration will bring. Deloitte’s expertise in Enterprise Risk Management is expected to support ABD in aligning with global industry best practices in risk management. Deloitte’s expertise in ERM will provide us with cutting-edge tools and methodologies, which will enhance our integrated approach to risk management of identifying, assessing and mitigating risks across the organization.
“We are excited to appoint Deloitte for our Enterprise Risk Management services; this collaboration is a significant step towards strengthening our risk management practices and ensuring our organization’s resilience in a dynamic business environment. With Deloitte’s expertise, we are confident in our ability to enhance our risk management framework and support our strategic objectives,” said J.Mukund – Head Investor Relations and Chief Risk Officer, Allied Blenders and Distillers Limited
About Allied Blenders and Distillers Limited (https://www.abdindia.com/): Allied Blenders and Distillers (ABD) is the 3rd largest Spirits company in India, in terms of annual sales volumes between FY14 and FY24. ABD has a presence in five main flavours, i.e., whisky, brandy, rum, vodka, and gin, with ‘millionaire’ brands like Officer’s Choice Whisky, Officer’s Choice Blue Whisky, Sterling Reserve Premium Whiskies and ICONiQ White Whisky. Currently, its manufacturing network comprises 33 units, of which 9 are owned bottling units, 1 owned distillery, and 23 non-owned manufacturing units.ends GNI
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