Som Distilleries gains on contract manufacturing deal with Radico Khaitan.

Som Distilleries & Breweries added 3.16% to Rs. 122.40 after the company said that it has entered a contract manufacturing arrangement with Radico Khaitan.

The agreement is for manufacturing of Radico Khaitan's IMFL and ready to drink brands at Som Distilleries' plant at Hassan, Karnataka.

"This will lead to better utilization levels of our IMFL facility, the company said in a statement.

Som Distilleries & Breweries operates a brewery, a distillery, support industries and a distribution network across the country.

BS