Allied Blenders Shares Take a Hit Amid Andhra SIT's Liquor Scam Probe

Unknown Apr 02, 2026 950 Views

Shares of Allied Blenders and Distillers Ltd plunged by 8% on April 15 following reports that the Andhra Pradesh Special Investigation Team (SIT) has frozen the company’s bank accounts. The SIT is investigating an alleged ₹4,000 crore liquor scam linked to the previous YSRCP state governmen...

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