The Company was incorporated on November 15 1984 asPrivate Limited Company under the Act with the Registrar ofCompanies Madhya Pradesh (M.P.) at Gwalior. The Companywas converted into Public Limited Company by passingspecial resolution in the extra- ordinary General Meetingheld on 31.12.93 and a fresh Certificate was obtained onFebruary 17 1994.The Company has set up a manufacturing and bottling plantat Pithampur Industrial Area Indore and the Company hasfacilities for Blending and Bottling for Indian Madeforeign liquor (IMFL).MAIN OBJECTS OF THE COMPANYThe main objects of the Company as set out in theMemorandum of Association of the Company are as under:1. To carry on the business of distillers rectifiersmethlators brewers malsters and amke import export anddeal in country and foreign wines spirits and liquorspotable commercial industrial power and absolutealcohols rectified methylated and sweet sprits beersaerated waters mineral waters dry ice and to make importexport grow and deal in bottles glass glasswaressiphons cooks stoppers capsules closures labelsmolasses gur sugarcanes malt yeast barlery hops andany other raw materials commodities good or thingsusually or which may be conveniently dealt with in thecourse of carrying on the foregoing business.2. To purchase manufacture produce refined prepareimport export sell and generally to deal in sugar beetssugarcanes molasses syrups and mealada and alcohol andall products or bye-products thereof and root productsgenerally and in connection therewith to acquire constructand operate sugar or other refineries buildings millsfactories distilleries and other works to plant cultivateproduce and raise or purchase sugar cane maize sugar beets.FINANCIAL HIGHLIGHTSThe financial highlights of the Company are as under:The unit commenced production from 7.9.87 and achievedsales of Rs.20.78 lakhs and 46.85 lakhs during 1987-88 &1988-89 respectively. (Rs. in lacs) Jul.95 1995 1994 1993 1992 1991INCOMESales 196.26 319.28 143.64 170.25 103.82 132.58Other Income 14.16 - 6.05 1.61 1.36 1.14Increase in Stock 7.59 0.70 13.68 (4.34) 16.12 (1.79) 218.01 262.48 163.37 167.52 121.30 131.93PBDT 13.12 6.39 3.95 4.45 5.13 10.27Depreciation - 2.18 2.15 2.11 3.86 5.90PBT 10.50 1.78 1.80 2.34 1.27 4.37Pro. Taxation - 0.64 0.50 0.54 0.44 1.70PAT 10.50 1.14 1.30 1.80 0.83 2.67Equity Capital 98.85 93.85 92.00 6.00 6.00 6.00Reserves & Surplus 20.55 10.05 8.92 82.25 7.04 3.39EPS (Rs.) 1.08* 0.47 0.14 3.00 1.38 4.45Book Value (its.) 11.94 11.05 10.97 35.79 21.73 15.65* AnnualisedSTATEMENT OF ACCOUNTAs on 31.07.95 31.03.95 31.03.94 31.03.93 31.03.92 31.03.91Share Capital 98.85 93.85 92.00 6.00 6.00 6.00Reserves & Surplus 20.55 10.05 8.92 82.25 7.04 3.39Loan Funds 83.1 I 78.45 35.57 34.01 20.43 20.08Total 202.51 182.35 136.49 122.26 33.47 29.47ASSETSFixed assets - Net Block. 94.66 94.32 96.10 97.45 21.48 25.43Investments 0.05 0.05 0.05 0.05 0.05 0.05Net Current Assets 107.80 87.98 40.34 24.75 11.94 3.99Total 202.51 182.35 136A9 122.26 33A7 29A7
Name | Position |
---|---|
Mr. Shirish Jaltare | Whole Time Director |
Mr. Suresh Kejriwal | Director |
Mrs. Leela Kalyani | Director |
Mr. Prakash Kumar Gadia | Director |
Mr. Vivek Chibba | Director |