On September 28, 2022, the Managing Director of Indospirit Group, Sameer Mahendru, was arrested by the ED in connection with the Delhi excise policy case.
The case involves a complex network of collaboration between politicians, liquor manufacturers, and middlemen, all apparently focused on earning unregulated profits at the cost of the citizens of Delhi.
The ED had conducted a search of Mahendru’s Jor Bagh residence on September 7 as part of its investigation.
Mahendru’s alleged involvement in the case pertains to his position as a prominent figure in Delhi’s liquor industry and his company’s interests in the production, import, distribution, wholesale, and retail of alcoholic beverages.
The Enforcement Directorate (ED) has arrested Mahendru in connection with the case, and he is currently under investigation.
Who is Sameer Mahendru?
Sameer Mahandru, a prominent figure in Delhi’s liquor industry, has been in the headlines due to his arrest for alleged involvement in the Delhi liquor policy scam, which has since been revoked.
Mahandru is a resident of New Delhi and obtained his education from the Indian Institute of Management, Bangalore.
Mahandru’s career began in April 1999 as a sales executive at Hindustan Lever Limited, where he worked until June 2002. He then worked as an area sales manager for Asian Paints from May 2004 to November 2004.
In December 2004, he joined SAB Miller as a sales manager and worked there until February 2007. In 2007, he founded his own company, Indospirits.
Currently, Mahandru is the managing director of Indospirits, a company with diverse interests in the production, import, distribution, wholesale, and retail of alcoholic beverages and electronic devices, among other consumer goods.
The company operates across the Indian subcontinent and collaborates with highly regarded local and international Alcobev companies. Employing a team of over 1,000 individuals, the company generates an annual revenue of over INR 500 crore (equivalent to US$ 57 million).
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