Paul John, founder of John Distilleries, is considering retaining a minority stake of 10% to 20%. Sazerac, which now holds 65.7% of the company, values John Distilleries at about ₹4,500 crore. The company's revenue increased by 15.1% to ₹10,820 crore in FY26, and net profit surged significantly. However, escalating state duties in Karnataka are impacting retail prices and consumption.
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/paul-john-may-retain-10-20-per-cent-stake-in-john-distilleries-after-sazerac-takeover/135060173
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/paul-john-may-retain-10-20-per-cent-stake-in-john-distilleries-after-sazerac-takeover/135060173