Som Distilleries shares jump 12.69% after court clears Bhopal plant licence renewal
Madhya Pradesh High Court quashed the June 18 order rejecting renewal of excise licences and directed renewal of all manufacturing licences within 15 days.
3%. The gains followed a Madhya Pradesh High Court order that quashed the June 18 decision rejecting renewal of Som Distilleries' excise licences and directed renewal of all manufacturing licences within 15 days. The ruling allows the company to restart operations at its Bhopal plant, restoring its ability to generate sales in Madhya Pradesh. SDB said the licence renewals should help normalise operations and have a positive impact on its financial position.
The company also said the court preserved its right to seek damages for closure-related losses. 5% in 2026 so far, according to exchange data. Reporting by Bharath Rajeswaran in Bengaluru +91 9769003463