Solan Brewery P.O. ,
( Shimla Hills ),
Beetal Financial And Computer
Services ( P ) Limited ,
Managing Director : Brig. ( Dr. ) Kapil Mohan , VSM ( Retd. )
Deputy Managing Director : Hemant Mohan
Financial Director : PD Goswami
Direcors : Vinay Mohan ; LK Malhotra ; JK Jain ; Swaraj Suri ; DS Yadava ; M Nandagopal
Mohan Meakin Limited's history has its beginnings in the advent of the East India Company in the Shimla Hills. In the late 1820s Edward Dyer started Asia's first brewery at Kasauli - E. Dyer & Co.( making the famous LION Beer ). This was soon shifted to nearby Solan where there was an abundant supply of fresh spring water
The Company incorporated in 1855 ( Dyer Breweries ). Dyer sold out to HG Meakin who formed , by merger , Dyer Meakin Limited in 1937 ( listed on the London Stock Exchange ). After independence NN Mohan acquired the Company ( 1949 ). Name changed to Mohan Meakin Breweies Limited ( 1967 )and in 1980 s changed to Mohan Meakin Limited to reflect Mohan Meakin 's diversification into products other than beer etc.
FINANCIALS ( 31-03- 10 )
Share Capital : Rs. 4 cr. 25 lakh ( Face Value per Share Rs. 5 )
AROUND 95 % Equity is BONUS ISSUES
Reserves : Rs. 29 cr.
Sales ( 2009-10 ) Rs. 384 cr.
Net Loss Rs. 3 cr 11 lakh ( This is because of voluntary Retirement Scheme Expenses at Lucknow factory of Rs. 3 cr 22 lakh in 2009-10 )
Dividend : Nil
Solan Brewery ( Himachal Pradesh )
Bhankapur ( Dera Bassi ) Near Chandigarh
Listing : Delhi Stock Exchange ; Calcutta Stock Exchange
Status : Illiquid
Demat % : 44 %
Promoter Holding : 66 %
General Public : 15 %
No. of Shareholders : Around 6584
Mohan Meakin Limited manufactures Beer of all types ( including Golden Eagle )
Whiskies ( including Black Knight ; Solan No. I )Old Monk Rum ; juices ( Gold Coin ) and canned products ' Corn Flakes ( New Life ) ; Wheat Porridge , Mineral Water ;
Vinegar Malt Extract Glass Bottles etc.
A real estate project at Dera Bassi ( Near Chandigarh )is , also , under consideration
Mohan Meakin Limited is a company with a long and pioneering history . It , also , owns very prestigious brands
( On the Kalka - Shimla narrow gauge Railway there was a Railway Station Solan Brewery )
General Warning : Investment in Shares Can be Injurious to Your WEALTH
Disclosure : The Blog writer in his / family names has holdings in this Company. So please make suitable " provisions " for any likely Over Optimism
NB :All information given in good faith. Please recheck every point before taking any investment decision. No responsibility with this blog / blog writer.