Associated Alcohols & Breweries Limited has made significant changes to its executive team, appointing Dilip Kumar Inani as the new Chief Financial Officer (CFO) following the resignation of Tushar Bhandari. This transition comes amid a comprehensive financial review of the company, as disclosed in a board meeting held on November 8, 2025. The meeting, which lasted from 12:45 PM to 3:55 PM, also involved the approval of the unaudited financial results for the quarter and six months ending September 30, 2025, as well as a Limited Review Report from the company's statutory auditors.

In addition to these leadership changes, the board approved amendments to the company’s Memorandum and Articles of Association to enable the captive generation of power, further aligning operational capabilities with strategic goals. A draft notice for a postal ballot regarding this amendment has also been prepared for approval by the company's members. Furthermore, the board has empowered management to submit a Resolution Plan for SDF Industries Limited, indicating a proactive approach to potential acquisitions or restructuring efforts.

These developments come at a crucial time for Associated Alcohols & Breweries, as they aim to strengthen their financial position and operational efficiency. The appointment of a new CFO is often a pivotal step in guiding fiscal strategy, especially during a period of review and potential restructuring. Stakeholders and investors will be closely monitoring how these changes influence the company's trajectory in the competitive alcoholic beverages market.