September 15, 2019

Mohan Meakin 2018-19- Annual Report- Excellent Results

Please click :-


http://www.mohanmeakin.com/images/MML_Annual_Report_FY_2018-19.pdf

EPS : Rs.41 / 07p ( Share Rs.5 Paid Up ) -Please refer to Pages 52 and 53 of the above Annual Report

Dividend : NIl 

As on 31/03/2019

Share Capital Rs.4 cr 25 lakh ( Share Rs. 5 Paid Up )

Reserves Rs 87 cr 90 lakh

No. of Shareholders : 6125

AGM on 28/09/2019 at 11 AM at Solan ( Himachal Pradesh )


it appears some shares  of Mohan Meakin  Ltd are available with Dealers of Unlisted / Delisted Shares  (Please Recheck this )
.

Important : Please do not take Any Investment Decision based on the above stated analysis. Please only do a further Self Study
-------------------

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.

---------------
old post
Registered Office :-

Solan Brewery P.O. ,
( Shimla Hills ),
Himachal Pradesh-173214

RTA
Beetal Financial And Computer 
Services ( P ) Limited ,
New Delhi-110062

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

HISTORY

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


PLANTS LOCATION 

Solan Brewery ( Himachal Pradesh )
Kasauli
Ghaziabad 
Lucknow 
http://theventurebay.com/component/content/article/1411-mohan-meakin-scion-sells-brewing-unit-to-liquor-baron-ponty-chadha 
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

PRODUCTS

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 )

please , also , click


https://en.wikipedia.org/wiki/Mohan_Meakin

http://www.mohanmeakin.com/home.php
 ------------------------------------------------------------------------------------

For John Oakey And Mohan Ltd., please click :-

http://www.rareindianshares.info/2017/08/john-oakey-and-mohan-limited.html


OLD POST

April 02, 2019


Calcutta and Metropolitan Exchanges- Must Have Equity Trading


Many of the so called "Unlisted Shares " like Mohan Meakin , Bharat Nidhi , Dalmia Refractories etc are actually Listed in Calcutta Stock Exchange or in Metropolitan Stock Exchange  .


There is , at present , no Equity trading in these Exchanges.


SEBI must ensure that either there is Equity trading in these Exchanges or they are wound up as happened in the case of numerous Regional Stock Exchanges ( like DSE , ASE , LSE etc.)


Investors of shares exclusively listed in  Calcutta Stock Exchange or in Metropolitan Stock Exchange suffer because they get around one third rate ( than had these been listed in BSE / NSE ) in the Unlisted Market. 


If  Calcutta Stock Exchange and Metropolitan Stock Exchange  shares get Relisted in BSE / NSE or Calcutta Stock Exchange and Metropolitan Stock Exchange  start equity trading then existing such  investors would earn a big appreciation in these share values.

--------------------------

.  

OLD POSTS

SEBI Should Take Action on Metropolitan Non Trading in Equities


SEBI should either make equity trading work at Metropolitan Stock Exchange work or else SEBI should automatically shift to NSE / BSE the 200 Exclusively Listed shares in Metropolitan Stock Exchange .

 At present , investors of such shares are suffering for no fault of theirs.

Firstly ,Dealers of Unlisted shares are giving them 1 / 3 rd of the rates had these shares been listed .

 Secondly , such Investors cannot claim Long Term Capital gains Exemption in the absence of  proper Contract Notes ( showing that STT has been paid ) .

----------------------------------------------------

Blog Caution : Please Recheck All Information


Please do a further Self Study .



--------------------------

June 22, 2018


Metropolitan Claims Equity Trading Takes Place

Investors please send us your Feed Back regarding the status of Equity Trading in Metropolitan Stock Exchange

-------------------


Metropolitan ' Claim :-


.


 Sir,


This is with reference to your complaint registered on SCORES Ref No: SEBIP/MH18/0002938/1 dated June 08, 2018, received by the Exchange on June 21, 2018 we state as below:

This is with reference to the your complaint letter dated June 08, 2018 falsely alleging that Metropolitan Stock Exchange of India (hereinafter to be referred as MSE) does not allow trading in equities at its platform.

We state that the exchange has facilitated trading in the scrips mentioned in your complaint. The absence / quantum of  trading in a scrip is dependent on demand and supply in the market for the particular scrip.

Further, we state that the Exchange provides for listing of scrips of corporates on satisfying certain criteria and facilitates a trading platform on which such scrips may be traded.  Investors and traders buy / sell such scrips through their brokers who are trading members of the exchange. On any day, some scrips are traded and others are not. The exchange ensures that such trading is conducted in an orderly manner and in accordance with SEBI regulations / guidelines.

Also, to note that investor grievance department can handle complaints as per guidelines specified by SEBI. As per the FAQ updated by SEBI Section I question 2: your query cannot be considered as complaint in SCORES. The link is mentioned for your ready reference. https://scores.gov.in/scores/Docs/FAQ-SCORES.pdf

Therefore, after verification of the grievances raised we state that since the query, is outside the jurisdiction of nature of complaints to be handled by the Exchange. 

Hence, the complaint/ query is considered as addressed and the complaint is closed in our records.

MSE

=================

Our Reply


Please do not close our Complaint.

We maintain that there is no Equity trading in MSE and , hence , in the interests of Public and Investors SEBI should not renew MSE 's licence wef 1509/2018.

We would be taking up the matter with the Ministry of Finance , North Block , New Delhi.

Regards ,

=========================================================

Blog Comments 

Please , also , read :-


==============================
.

Calcutta Stock Exchange List of Companies


-----------------

Is Calcutta Stock Exchange officially closed or not ?

---------------

SEBI Should Declare Calcutta Stock Exchange as CLOSED , to help Investors.
.Shares which are Exclusively Listed Companies ( ELC s ) in Closed Regional Stock Exchanges have to either Relist ( in BSE/NSE ) or Delist ( by making an Buy Back Offer to Non Public Shareholders ).

Important companies like Bharat Nidhi, PNB Finance are avoiding SEBI directive for Relisting / Exit option by taking a frivolous plea that their shares are listed at Calcutta Stock Exchange.

==================

It appears ( Please Recheck ) that some shares of Calcutta Stock Exchange are available for Sale / Purchase with Share Dealers of Unlisted shares.

-----------------
.Hon'ble Delhi High Court has granted relief to the Investors of Companies Exclusively Listed in Calcutta Stock Exchange , by ordering that such companies , are covered by SEBI 's Directions of 2016 . Investors deserve an Exit route as available to Investors of Defunct Regional Stock Exchanges.

Similar to Calcutta Stock Exchange , Metropolitan Stock seems to be ( please Recheck this ) Non Operational in Equity Trading. 

Metropolitan Stock Exchange has more 200 Exclusively Listed Companies ( including small cap gems like Frick India, Dalmia Refractories ( of Dalmia Bharat group. )

Investors of Companies Exclusively listed in Metropolitan Stock Exchange as suffering just like investors of Companies exclusively listed in Non Operational Calcutta Stock Exchange

Should Metropolitan Stock Exchange be, legally , got  declared a Defunct Stock Exchange and Petition be made to the Hon'ble Delhi High Court to include around  200 Exclusively Listed Companies in Non Operational Metropolitan Stock Exchange  along with around 63 exclusively Listed Companies of Non Operational Calcutta Stock Exchange, in the interests of Non Promoter / Public shareholders of these companies ?

For more on Metropolitan Stock Exchange , please click :-




----------

Copy of Hon'ble Delhi High Court Order.
Please click the following link :-

http://www.rareindianshares.info/search?q=calcutta+stock
======================================

.January 25, 2018
Mohan Meakin Shareholders Demand BSE / NSE Listing
Presently , Mohan Meakin share is Exclusively Listed in Calcutta Stock Exchange. Share is Rs 5 paid .

There is no share trading taking place in Calcutta Stock Exchange for the last many years . This is causing great difficulty to share holders of Exclusively  Listed Companies like Mohan Meakin. 

Further , Central Govt. is losing Revenue by way of lost GST and STT.

------------------------

Please , also , read


Digvijay Finlease Shareholders Demand Listing in BSE / NSE


Shareholders of Digvijay Finlease are demanding Listing in NSE / BSE and are taking up the issue with the Management and SEBI or payment of a fair price for their shares.

It appears shares of Digvijay Finlease were never Listed


Investment in Unlisted Shares and AIF Funds - Pros and Cons

Please click :-

https://www.moneycontrol.com/news/business/personal-finance/buying-unlisted-shares-and-aif-units-a-tightrope-walk-retail-investors-should-stay-away-3740641.html 


====================================


Blog Comments


Many of the so called "Unlisted Shares " like Mohan Meakin , Bharat Nidhi , Dalmia Refractories etc are actually Listed in Calcutta Stock Exchange or in Metropolitan Stock Exchange  .


There is , at present , no Equity trading in these Exchanges.


SEBI must ensure that either there is Equity trading in these Exchanges or they are wound up as happened in the case of numerous Regional Stock Exchanges ( like DSE , ASE , LSE etc.)


Investors of shares exclusively listed in  Calcutta Stock Exchange or in Metropolitan Stock Exchange suffer because they get around one third rate ( than had these been listed in BSE / NSE ) in the Unlisted Market. 


If  Calcutta Stock Exchange and Metropolitan Stock Exchange  shares get Relisted in BSE / NSE or Calcutta Stock Exchange and Metropolitan Stock Exchange  start equity trading then existing such  investors would earn a big appreciation in these share values.


--------------------------


OLD POSTS



  


OLD POSTS

SEBI Should Take Action on Metropolitan Non Trading in Equities


SEBI should either make equity trading work at Metropolitan Stock Exchange work or else SEBI should automatically shift to NSE / BSE the 200 Exclusively Listed shares in Metropolitan Stock Exchange .

 At present , investors of such shares are suffering for no fault of theirs.

Firstly ,Dealers of Unlisted shares are giving them 1 / 3 rd of the rates had these shares been listed .

 Secondly , such Investors cannot claim Long Term Capital gains Exemption in the absence of  proper Contract Notes ( showing that STT has been paid ) .

----------------------------------------------------

Blog Caution : Please Recheck All Information


Please do a further Self Study .



--------------------------

June 22, 2018


Metropolitan Claims Equity Trading Takes Place

Investors please send us your Feed Back regarding the status of Equity Trading in Metropolitan Stock Exchange

-------------------


Metropolitan ' Claim :-


.


 Sir,


This is with reference to your complaint registered on SCORES Ref No: SEBIP/MH18/0002938/1 dated June 08, 2018, received by the Exchange on June 21, 2018 we state as below:

This is with reference to the your complaint letter dated June 08, 2018 falsely alleging that Metropolitan Stock Exchange of India (hereinafter to be referred as MSE) does not allow trading in equities at its platform.

We state that the exchange has facilitated trading in the scrips mentioned in your complaint. The absence / quantum of  trading in a scrip is dependent on demand and supply in the market for the particular scrip.

Further, we state that the Exchange provides for listing of scrips of corporates on satisfying certain criteria and facilitates a trading platform on which such scrips may be traded.  Investors and traders buy / sell such scrips through their brokers who are trading members of the exchange. On any day, some scrips are traded and others are not. The exchange ensures that such trading is conducted in an orderly manner and in accordance with SEBI regulations / guidelines.

Also, to note that investor grievance department can handle complaints as per guidelines specified by SEBI. As per the FAQ updated by SEBI Section I question 2: your query cannot be considered as complaint in SCORES. The link is mentioned for your ready reference. https://scores.gov.in/scores/Docs/FAQ-SCORES.pdf

Therefore, after verification of the grievances raised we state that since the query, is outside the jurisdiction of nature of complaints to be handled by the Exchange. 

Hence, the complaint/ query is considered as addressed and the complaint is closed in our records.

MSE

=================

Our Reply


Please do not close our Complaint.

We maintain that there is no Equity trading in MSE and , hence , in the interests of Public and Investors SEBI should not renew MSE 's licence wef 1509/2018.

We would be taking up the matter with the Ministry of Finance , North Block , New Delhi.

Regards ,

=========================================================

Blog Comments 

Please , also , read :-


==============================
.

Calcutta Stock Exchange List of Companies


-----------------

Is Calcutta Stock Exchange officially closed or not ?

---------------

SEBI Should Declare Calcutta Stock Exchange as CLOSED , to help Investors.
.Shares which are Exclusively Listed Companies ( ELC s ) in Closed Regional Stock Exchanges have to either Relist ( in BSE/NSE ) or Delist ( by making an Buy Back Offer to Non Public Shareholders ).

Important companies like Bharat Nidhi, PNB Finance are avoiding SEBI directive for Relisting / Exit option by taking a frivolous plea that their shares are listed at Calcutta Stock Exchange.

==================

It appears ( Please Recheck ) that some shares of Calcutta Stock Exchange are available for Sale / Purchase with Share Dealers of Unlisted shares.

-----------------
.Hon'ble Delhi High Court has granted relief to the Investors of Companies Exclusively Listed in Calcutta Stock Exchange , by ordering that such companies , are covered by SEBI 's Directions of 2016 . Investors deserve an Exit route as available to Investors of Defunct Regional Stock Exchanges.

Similar to Calcutta Stock Exchange , Metropolitan Stock seems to be ( please Recheck this ) Non Operational in Equity Trading. 

Metropolitan Stock Exchange has more 200 Exclusively Listed Companies ( including small cap gems like Frick India, Dalmia Refractories ( of Dalmia Bharat group. )

Investors of Companies Exclusively listed in Metropolitan Stock Exchange as suffering just like investors of Companies exclusively listed in Non Operational Calcutta Stock Exchange

Should Metropolitan Stock Exchange be, legally , got  declared a Defunct Stock Exchange and Petition be made to the Hon'ble Delhi High Court to include around  200 Exclusively Listed Companies in Non Operational Metropolitan Stock Exchange  along with around 63 exclusively Listed Companies of Non Operational Calcutta Stock Exchange, in the interests of Non Promoter / Public shareholders of these companies ?

For more on Metropolitan Stock Exchange , please click :-

http://www.rareindianshares.info/2017/07/metropolitan-stock-exchange-share-price.html



----------

Copy of Hon'ble Delhi High Court Order.
Please copy paste the following link :-

http://www.rareindianshares.info/search?q=calcutta+stock
======================================

.January 25, 2018
Mohan Meakin Shareholders Demand BSE / NSE Listing
Presently , Mohan Meakin share is Exclusively Listed in Calcutta Stock Exchange. Share is Rs 5 paid .

There is no share trading taking place in Calcutta Stock Exchange for the last many years . This is causing great difficulty to share holders of Exclusively  Listed Companies like Mohan Meakin. 

Further , Central Govt. is losing Revenue by way of lost GST and STT.

1 comment:

  1. WE ARE BUYING IN DEMAT
    Aricent Technologies (Holdings) Limited
    Assam Carbon Products Ltd
    Axles India Limited
    Bharti Telecom Limited
    Fresenius Kabi Oncology Limited
    G G Automotive Gears Ltd
    Healthcaps india
    Hindusthan Engineering & Industries Limited
    Indofil Industries Limited
    KURLON ENTERPRISES
    Kurlon Limited
    Lotte India Corporation Ltd
    MIL INDIA
    Nayara Energy Ltd (formerly Essar Oil)
    Sterlite Power Transmission Ltd
    Syngenta India Ltd
    Tamilnad Mercantile Bank Limited (TMB)




    PL CONTACT FOR SELLING ABOVE SHARES AT ATTRACTIVE RATES.


    WE ARE ALSO BUYING ALL OTHER SHARES DELISTED/UNLISTED PREFERABLY IN DEMAT MODE


    PL CONTACT US ON OUR MAIL ID

    nileshskotak@gmail.com

    or call or whatsapp on 08866004076

    ReplyDelete