Som Distilleries and Breweries has acquired a brewery in Odisha.

This acquisition is valued at Rs.42 crores, has a capacity of 42 lakh cases per annum and the facility is expected to be operational in the coming 3-4 months. Further, the company in a release stated, “We anticipate expenditure of another Rs.25-30 crore on the upgradation of the manufacturing unit.”

Read EquityPandit’s Technical Analysis of Indian Stock Market