Paul John May Retain Minority Stake in John Distilleries
Paul John, founder of John Distilleries, is considering keeping a 10% to 20% minority stake in the company. Sazerac currently owns 65.7% and values John Distilleries at around ₹4,500 crore. The company reported a 15.1% revenue increase to ₹10,820 crore in FY26, with a significant net profit rise. However, rising state duties in Karnataka are affecting retail prices and consumption.
Economic Times··Bengaluru



