Jubilant to sell its IMFL manufacturing liquor license

Jubilant to sell its IMFL manufacturing liquor license

By: ICN Bureau

Last updated : November 25, 2020 7:34 am



Company's portable liquor license is valid till March 31, 2021


Jubilant Industries Limited has executed an "Agreement to Sell" for transfer of portable liquor license of the company for manufacturing of Indian Made Foreign Liquor on November 23, 2020. The transfer of the license is subject to certain conditions as set out in the Agreement to Sell. 
 
Consequent to the transfer of the license, the company shall no longer be manufacturing Indian Made Foreign Liquor. The company's portable liquor license is valid till March 31, 2021.
 
Jubilant Industries Ltd. is the flagship Company of Agri and Performance Polymers business of the Jubilant Bhartia group. The company’s diversified portfolio of Agri products, Performance Polymers and IMFL businesses delivers broad range of technology based products and solutions to customers in India as well as globally.

Jubilant Industries Limited

First Published : November 24, 2020 7:30 am