AWL Agri licenses Shree Renuka's 'Madhur' brand to scale sugar play alongside Fortune

AWL Agri Business has signed a licensing pact with Shree Renuka Sugars to market refined sugar under the 'Madhur' label nationwide, plugging a recognised brand into AWL's pan-India FMCG distribution alongside its flagship Fortune portfolio.

— Source publishedThu, 28 May, 2026, 19:15 IST·First seen Thu, 28 May, 2026, 19:45 IST·Source CNBC-TV18 · Companies

What happened

AWL Agri Business signed a licensing deal with Shree Renuka Sugars to use its 'Madhur' brand for refined sugar across India, leveraging AWL's pan-India

Key facts

  • ₹193.40
  • ₹23.38

Why this matters

Watch whether this licensing model becomes a template for AWL to bolt on more regional staples brands, and how Shree Renuka monetises Madhur's residual equity over the contract term.