The National Company Law Tribunal, Kochi Bench, has approved Associated Alcohols & Breweries‘ resolution plan for SDF Industries Limited, clearing the way for the company to take over the Kerala-based liquor manufacturer.
In an exchange filing, the company said the approval was granted through an order dated April 16, 2026, in the corporate insolvency resolution process (CIRP) of SDF Industries.
The resolution plan was approved under the Insolvency and Bankruptcy Code, following the submission of a plan by Associated Alcohols & Breweries.
The Indore-based liquor maker had earlier informed stock exchanges that it was planning to…