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Som Distilleries Surges As Arm Gets Approval To Make IMFL
Shares of the Bhopal-based alcohol beverages maker rose as much as 5.42 percent, the most in over two weeks, to Rs 255 after its arm got approval for manufacturing IMFL.
Som Distilleries’ subsidiary Woodpecker Distilleries & Breweries got approval for manufacturing Indian Made Foreign Liquor (IMFL) from its Hassan unit in Karnataka. It expects to start commercial production of IMFL from next month, the company said in an exchange filing.
Post Updated 22 June, 2018 10:05 AM
