The Economic Times

Paul John may retain 10-20% stake in John Distilleries after Sazerac takeover

Paul John, founder of John Distilleries, is considering retaining a minority stake of 10% to 20%. Sazerac, which now holds 65.7% of the company, values John Distilleries at about 4,500 crore. The company's revenue increased by 15.1% to 10,820 crore in FY26, and net profit surged significantly. However, escalating state duties in Karnataka are impacting retail prices and consumption.