JSA Advocates & Solicitors (JSA) represented National Industrial Corporation of India Private Limited in the sale of its non-operational distillery and bottling facility in Moradabad, Uttar Pradesh, to Allied Blenders and Distillers Limited.
The transaction involved the transfer of land, buildings, plant and machinery associated with the facility, along with assistance in the transfer of relevant operational licenses from NICOL to ABDL.
The acquisition is expected to strengthen ABDL's Indian Made Foreign Liquor (IMFL) bottling capacity in Uttar Pradesh and support the expansion of its distillery operations. The transaction forms part of ABDL's broader growth strategy to expand its manufacturing capabilities and enhance operational efficiencies in key markets.
The JSA transaction team was led by Probir Roy Chowdhury, Partner with support from Yajas Setlur, Partner; Pranavi Pera, Principal Associate; Moushami Nayak, Associate; and Haritima Kavia, Associate.
Additional support from the Corporate Team was provided by Kartik Jain, Partner, and Anmol Mahajan, Associate.
Further assistance from the Real Estate Team included Bharat Bhushan Sharma, Partner, and Mohit Aggarwal, Principal Associate.