Allied Blenders and Distillers (ABD) has announced a strategic realignment of its financial leadership team. Mr. Jayant Manmadkar, current CFO, will transition to the newly created role of Group Finance Director, effective February 2, 2026. Simultaneously, Mr. Ramakrishnan Ramaswamy will return to the position of Chief Financial Officer. This restructuring supports ABD’s growth strategy, including its entry into the luxury segment and expansion initiatives.
Financial Leadership Restructuring
Allied Blenders and Distillers (ABD) is implementing a strategic realignment within its financial leadership to support its next phase of growth, including entry into the luxury segment via ABD Maestro Pvt Ltd and expansion of capacity.
Appointment of New CFO
Effective February 2, 2026, Mr. Ramakrishnan Ramaswamy will resume the role of Chief Financial Officer. Mr. Ramaswamy previously served as CFO and brings significant institutional knowledge and financial expertise, having led the company through its July 2024 IPO.
New Role: Group Finance Director
The current CFO, Mr. Jayant Manmadkar, will transition to the newly created role of Group Finance Director, also effective February 2, 2026. In this role, Mr. Manmadkar will lead capital investments, digital transformation, and inorganic growth strategies, including mergers and acquisitions.
Strategic Objectives
This restructuring aims to strengthen ABD’s finance function and ensure dedicated leadership to manage operations and pursue ambitious growth and capital expenditure objectives. The changes support ABD’s premiumization journey and backward integration programs.
Leadership Commentary
Alok Gupta, Managing Director of ABD, stated that this realignment allows for a focused approach: Mr. Manmadkar will spearhead strategic investments and digital evolution, while Mr. Ramaswamy will ensure financial stewardship. The dual leadership structure supports ABD’s luxury portfolio expansion and manufacturing footprint.
Source: BSE
