Aug 22, 2024

Allied Blenders and Distillers Limited Adopts Digitisation with Lexplosion's SaaS Offering for Enhanced Regulatory Compliance Management

Allied Blenders and Distillers Limited (ABDL), the 3^rd largest spirits company in India, has initiated a strategic alliance to strengthen its legal compliance framework with Lexplosion Solutions to deploy Komrisk, a cutting-edge regulatory compliance management software. This partnership aims to further enhance ABDL's compliance framework, ensuring seamless and robust regulatory adherence across its expansive national footprint. With Komrisk, ABDL is poised to elevate its operational excellence, reinforcing its commitment to integrity and industry leadership.

The implementation of Komrisk is expected to provide ABDL with an edge to ease the operational efficiencies across the group. This includes centralized compliance management across all locations including own bottling units, ENA distillery and regional offices and regulatory domains, as well as real-time regulatory updates and alerts. Komrisk will also enable improved risk assessment and mitigation, while offering enhanced reporting and analytics capabilities. Additionally, ABDL will further be able to streamline workflows for compliance-related tasks, thereby improving efficiency and effectiveness in managing statutory regulatory requirements.

Alok Gupta, Managing Director of Allied Blenders and Distillers Limited, stated, "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."

Indranil Choudhury, CEO of Lexplosion Solutions, commented, "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."