Abu Dhabi Investment Authority and SBI Mutual Fund Acquire Shares in Allied Blenders and…
What happened
Abu Dhabi Investment Authority and SBI Mutual Fund acquired shares in Allied Blenders and Distillers Limited. The purchases occurred as part of a large block deal executed by co-promoter Bina Kishore Chhabria to comply with minimum public shareholding requirements. The stock rose over 6 per cent on September 24, 2026, following the transaction.
Why it matters
The acquisition by two institutional investors, including Abu Dhabi Investment Authority, resulted in a sharp intraday rally for Allied Blenders and Distillers Limited shares. The block deal price of ₹650 represented a discount to the prevailing market price at the time.
Who's involved
- Abu Dhabi Investment AuthoritySovereign wealth fund that acquired 0.54 per cent equity in Allied Blenders and Distillers Limited
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Abu Dhabi Investment AuthoritySpeculative
Abu Dhabi Investment Authority might see changes in its investment portfolio revenue from Allied Blenders and Distillers Limited.
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The entities involved
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Abu Dhabi Investment Authority
sovereign wealth fund
Related events
- Abu Dhabi Investment Authority (ADIA) allocated shares in India's NSE IPO.
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- Goldman Sachs, Abu Dhabi Investment Authority, and Vanguard are involved in an IPO anchor book as global institutional investors.
- SBI Life Insurance secured investment from institutional investors while operating as a leading manufacturer of specialty bromine chemicals in India.