The company also said that this strategic initiative will be able to cater to increased demand from Karnataka as well as meet the requirements of the neighboring states
Som Distilleries’ product portfolio consists of various options across beer, rum, brandy, vodka, and whisky. The company has three key millionaire brands in beer – Hunter, Black Fort, and Power Cool.
Shares of Som Distilleries & Breweries tumbled about 9 per cent to Rs 304 on Tuesday, from day's high at Rs 333.95, with its market capitalization falling below Rs 2,400 crore.