Allied Blenders and Distillers Ltd Refutes Allegations, Denies Regulatory Communication

Allied Blenders and Distillers Ltd has issued a strong clarification regarding recent media reports alleging the company’s involvement in unfair trade practices. The liquor giant categorically denied receiving any communication from banks or regulatory authorities, dismissing the claims as baseless speculation.  

 

The company emphasized its commitment to ethical business practices and regulatory compliance, reassuring stakeholders that its operations remain unaffected. Allied Blenders, known for its flagship whisky brand Officer’s Choice, stated that it continues to adhere to all legal and financial obligations, urging the public to rely on official statements for accurate information.  

 

This clarification comes amid heightened scrutiny of liquor companies, with reports suggesting financial investigations into industry players. Allied Blenders maintains that any claims of regulatory intervention are unfounded and reaffirmed its dedication to transparency and responsible business conduct.  

 

Sources: Moneycontrol, Economic Times, CNBC-TV18