Allied Blenders Partners with Lexplosion for Enhanced Compliance with Komrisk

Allied Blenders and Distillers Limited (ABDL) has announced a strategic partnership with Lexplosion Solutions to implement Komrisk, an advanced regulatory compliance management software. This collaboration is designed to strengthen ABDL’s compliance framework, ensuring robust regulatory adherence across its extensive national operations.

With the deployment of Komrisk, ABDL aims to enhance its operational efficiency and maintain its commitment to industry leadership and integrity. The software will centralise compliance management across various locations, including bottling units, ENA distillery, and regional offices, while providing real-time updates and alerts on regulatory changes.

Komrisk will also improve risk assessment and mitigation, offer enhanced reporting and analytics, and streamline workflows for compliance-related tasks. This integration is expected to boost ABDL’s ability to manage statutory regulatory requirements effectively, thereby elevating operational excellence and efficiency across the group.

Commenting on this partnership, the Managing Director of Allied Blenders and Distillers Limited, Alok Gupta, said, “In today’s complex regulatory environment, maintaining robust compliance is crucial for any business. With Lexplosion coming on board through its compliance management offering in Komrisk, we are certain to augment our compliance management capabilities. We expect the new SaaS offering to improve efficiencies with respect to time. This move aligns with our commitment to operational excellence and corporate governance framework.”

The CEO of Lexplosion Solutions, Indranil Choudhury, said, “We are privileged to partner with Allied Blenders and Distillers Limited in their journey towards comprehensive compliance management. Komrisk’s cloud-based platform will provide ABDL with real-time regulatory updates, streamlined compliance processes, and enhanced visibility across its operations. This partnership underscores the growing importance of technology-driven solutions in managing complex regulatory landscapes.”

On August 23, 2024, the share price of Allied Blenders and Distillers opened at ₹335.00, touching the day’s high at ₹338.00, as of 10:43 AM on the NSE.

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