United Spirits Limited announced it has invested Rs 31.50 crore in Nao Spirits & Beverages Limited.
With this investment, Company enters the Indian provenance premium craft gin segment, complimented by its world class premium & luxury gin portfolio of Gordon’s and Tanqueray, the statement said.
As an alcohol beverage company, NAO is engaged in the business of development, marketing & selling of craft alcoholic beverage products, both within and outside India.