Chivas, Absolut Maker Is Considering Listing On Dalal Street

Pernod Ricard, the renowned producer of Chivas Regal and Absolut vodka, is contemplating a public listing on India's stock market, known as Dalal Street. This potential move highlights India's growing importance as a market for the spirits industry. The company recorded a 6% organic sales growth for the fiscal year that ended on June 30, 2025, underscoring the increasing demand for premium alcoholic beverages among Indian consumers. Pernod Ricard's strategic interest in India comes as global spirits brands increasingly target the country, driven by rising disposable incomes and changing consumer preferences. If the listing proceeds, it could provide a significant opportunity for investors and further cement Pernod Ricard's footprint in the Indian market. The company's decision will be closely watched as it reflects broader trends in the Indian economy and consumer behavior in the spirits sector.