Promoters held 34.47 per cent stake in the company as of 30-Jun-2023, while FIIs owned 1.08 per cent, DIIs 0.15 per cent.

The Som Group which owns Som Distilleries and Breweries also operates a bottling unit in Bilaspur, Chhattisgarh under the name Legend Distilleries.

Som Distilleries will now supply a bigger market as Rajasthan is one of the top five states in terms of alcohol consumption, the company said in an exchange filing.

On July 8 the board members of the company will meet to consider fund raising by issuing convertible equity warrants to promoters and/or other prospective investors on preferential basis.