NSE:SDBL management interview: Som Distilleries CMD Breaks Silence On Bhopal Plant License Row | Excise Dept Rejects FY27 License
NDTV Profit, 2026-06-22. Video: https://www.youtube.com/watch?v=1A54pde-qds
- License cancellation dispute: The Excise Department suspended the Bhopal plant's license over an alleged 15-year-old liquor transportation permit issue involving a former employee, prompting Som Distilleries to pursue legal remedy in court.
- Top-line impact: Disruption during the peak April–June period—which accounts for 35% of annual sales—is projected to result in a net top-line loss of 25% this year, assuming a 10% recovery once the license is restored.
- Production mitigation strategy: Som Distilleries has commenced operations at its Uttar Pradesh plant to service out-of-state markets like Delhi and institutional army supplies, though Madhya Pradesh demand still requires local production.
- Child labor clarification: Management clarified that the 2024 child labor controversy involved an unlisted private limited entity and bears no connection to the listed company's Bhopal plant issue.