Som Distilleries & Breweries507514Alcoholic beverages, distillery
MP High Court quashed the rejection of Som Distilleries' manufacturing license, clearing the way for restart of Bhopal plant; stock up nearly 7%
Heard on Live television at 13:42:56 IST.
- MP High Court quashed license rejection order dated June 18, 2026, giving major legal relief to the company.
- Court directed renewal of all manufacturing licenses within 15 days, pertaining to MP manufacturing operations.
- Bhopal plant expected to restart production and resume sales from Madhya Pradesh.
- Court awarded costs of Rs 1 lakh payable by the state/opposing party.
- Stock rose nearly 7% in trade on the news, with analyst calling the legacy overhang over and citing FY28-29 growth potential from Karnataka, Odisha and UP volume growth.
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Source: Live TV News Channel · 28 Sep 2026
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